The Us Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on June 3, 15:30 MT time (GMT+3).
Silver: a sudden rise
Information is not investment advice
In 2010-2013, silver was above $30. Now, it's time to get back! For the first time during the last seven years, silver rises to $30 in a spectacular leap from $25 to $30 in just three days!
That doesn't mean it's going to be an upward march as continuous as a decade ago, though. Therefore, watch further news and apply usual analysis: very likely, the bullish trend got exhausted - at least, in the mid-term.
Also, don't forget you can trade silver in FBS Trader: as you can see in the image below, the charts there are as nice as in MetaTrader, but possibly much simpler to observe.
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The Organization of Petroleum Exporting Countries will hold a meeting on June 2.
Organization of the Petroleum Exporting Countries (OPEC) is scheduled to meet on January 4.
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The most impactful releases of this week will fill the market with volatility and sharp movements.
Happy Tuesday, dear traders! Here’s what we follow:
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.