Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
Important events this week will bring us
Information is not investment advice
- American Non-Farm Payrolls (Fri, 14:30 MT (12:30 GMT)) – Most notable event in the monthly economic news. This report on the employment dynamics in USA will push the US dollar up if the actual indicator exceeds the expected 90K; otherwise, US dollar shall be dropping.
- American GDP Growth Rate (Wed, 14:00 MT (12:00 GMT)) – Forecasted as 1.7% against the Q2 figure of 2%, this GDP quarterly indicator pulls USD down if the actual figure proves to be less then expected.
- American Fed Interest Rate Decision (Wed, 20:00 MT (18:00 GMT)) – Analysts predict the rate cut to 1.75% that is supposed to pull the USD down.
- Brazilian Interest Rate Decision (Wed, 19:00 MT (21:00 GMT)) – According to forecasts, the rate will be kept unchanged. However, the mood of the central bank may affect the Brazilian real.
- European GDP Growth Rate (Thu, 12:00 MT (10:00 GMT)) – Quarterly GDP growth rate of the Eurozone is expected to be 0.1%, marking a slight drop from the previous figure and pulling euro down if it is confirmed.
Hot news
- With EU confirming the extension of Brexit for another 3 months and UK parliament voting for an earlier election today, the British pound is entering another stage of uncertainty and volatility.
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Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
The US Labor Market And Real Estate Market Are In Focus This Week
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
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