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Monday News: Commodities Price Issues

While Russia is becoming an economic outcast despite its rich commodities, the rest of the world is starting to feel the effects of the sanctions…

Will NFP affect USD?

On March 4, 2022, the US Bureau of Labor Statistics will publish average hourly earnings, nonfarm employment change (nonfarm payrolls – NFP), and, most importantly, the unemployment rate.

What’s new with CAD?

The Bank of Canada will reveal the overnight rate and make a statement on March 2, at 17:00 MT time.

Can AUD surprise in March?

The Reserve Bank of Australia will release the cash rate and make a rate statement on March 1, at 05:30 MT time.

Inflation index will move USD

Core Personal Consumption Expenditures (PCE) Index is similar to Core Consumer Price Index (CPI), and the US Bureau of Economic Analysis publishes it monthly.

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