What drives the market on June 17?
The market sentiment is mixed today. How to trade in such an uncertain environment?
Economy
Key information updates for profitable trading
Information is not investment advice
Fed’s Powell will report to Congress
Federal Reserve Chair Jerome Powell on June 16 at 17:00 MT time begins the first of two days of testimony.
Be ready for the next market fall
Learn what to do, when the market falls again.
Risk appetite is back. How to trade on June 16?
Riskier assets gained on the improved market sentiment.
Will the GBP get stronger on BOE’s policy?
BOE releases the monetary policy meeting minutes on Thursday at 14:00 MT time.
Will the recovering US retail sales boost the USD?
The US retails sales are announced on Tuesday at 15:30 MT time.
Will the Canadian monthly CPI boost the CAD?
Canadian monthly CPI is announced on Wednesday at 15:30 MT time.
JPMorgan’s prospect for V-shaped global recovery
Morgan Stanley analytics forecast the economy will return to pre-crisis levels by the fourth quarter. Here’s why.
Market drivers on June 15
Risk-averse still prevails on the market. Safe-haven assets are in favor, while risk-off ones are left aside. Great opportunities to make profit!
Main market drivers on June 11
Risk-off prevails on the market. Consider trade ideas that presented in this article.
USD and S&P: feeding back to Jerome Powell
Last Wednesday, Jerome Powell shed some details on the Fed's vision of the US economy. What was the USD's and stock market's reaction?
Here’s what major banks expect from Fed
Traders are waiting for the Fed statement at 21:00 MT time. The market reaction depends on how far their expectations will meet the Jerome Powell’s speech.