
The US Services PMI will be out at 17:00 MT time on March 3.
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So it seems that the mail-in ballots have tilted the table in favor of Joe Biden. There is no conclusion to the story yet, but the visuals speak for themselves: Joe Biden is slowly taking over the score. And the markets?
Source: Bloomberg
In general, it got a bit quiet: no sudden movements across the currency pairs on Wednesday close. The USD eventually ended the day on a softer note but currently it seems to be stepping into the correction zone to gain back some value. Gold floats below $1 910 in a local consolidation, and oil eased the bullish rush and bounced a bit down from $39.
The US Services PMI will be out at 17:00 MT time on March 3.
The Reserve Bank of Australia will make a rate statement on March 2, at 5:30 MT time.
Risk assets are recovering after a losing streak in the previous week as progress in the extra US stimulus package improved the market sentiment.
The US Services PMI will be out at 17:00 MT time on March 3.
On Saturday, the US Food and Drug Administration approved Johnson&Johnson’s vaccine for emergency use against Covid-19. Will JNJ rise?
The Reserve Bank of Australia will make a rate statement on March 2, at 5:30 MT time.
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