The Bank of England will publish a monetary policy summary on Thursday, June 16, at 14:00 MT time (GMT+3).
Friday News: The End of the Week
Information is not investment advice
This week brought many events and fluctuations; however, it seems like ahead of the weekend many assets and currencies are stable and so far, nothing bodes bad.
US crude oil prices rose above $100 a barrel for the first time in four sessions amid mixed signals from peace talks between Russia and Ukraine.
The S&P 500 and Nasdaq rose 1.2% and 1.3%.
The euro remained flat at $1.1093 and gained 1.7% on the week.
The Australian dollar, which received an additional boost from Thursday's stellar employment data, hit a nearly two-week high of $0.74000.
The Bank of England also raised interest rates on Thursday, as expected, but turned dovish in its outlook amid worries that soaring commodities will hurt growth and demand. GBP briefly fell as traders turned less sure about future hikes.
Shares of GameStop (GME) - last year's favorite among investors - tumbled late after the retailer suffered a bigger-than-expected loss in the fourth quarter.
FedEx (FDX) shares also fell after the shipping giant released its quarterly earnings report on Thursday afternoon. This reflected lower-than-expected earnings as rising labor and shipping costs more than offset FedEx's higher prices for customers.
Have a great trading Friday and a relaxing weekend!
The Federal Reserve will make a statement regarding the future monetary policy on Wednesday, June 15, at 21:00 MT time (GMT+3).
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
The governor of the Bank of England, Andrew Bailey, will hold a speech on June 29 at 15:30 MT time (GMT+3).
The US Markit will publish Flash Manufacturing and Flash Services PMIs (purchasing managers' indices) on June 23 at 16:45 GMT+3.
The Fed Chair Jerome Powell will testify on the Semi-Annual Monetary Policy Report before the House Financial Services Committee on June 22-23 at 17:00 GMT+3.