UPCOMING EVENTS: Monday: UK Bank Holiday, Australian Retail Sales. Tuesday: Japan Unemployment Rate, US Consumer Confidence, US Job Openings. Wednesday: Australia CPI, US ADP. Thursday: Japan Retail Sales, Chinese PMIs, ECB Minutes, Eurozone CPI, Eurozone Unemployment Rate, US Jobless Claims, US Core PCE. Friday: Swiss CPI, US NFP, US ISM Manufacturing PMI. Tuesday The US
When entering the financial market, the first thing you see is the Japanese candlestick chart. It has distinct shapes that reflect the price action of the market. And among them is a very different candlestick that looks like a pin – Pin Bar. Pin Bar is a candle shaped like a pin with an outstanding
© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Jamie McGeever ORLANDO, Florida (Reuters) – Federal Reserve Chair Jerome Powell’s speech in Jackson Hole is likely to maintain the ‘higher for longer’ outlook for U.S. interest rates and bond yields – good news for
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
> Goolsbee: Still feels confident about reaching the “golden path” of a soft landing Talking on CNBC at Jackson Hole Feels confident about a soft landing Nothing has happened in the last 2 months to make me think that the “golden path” is not attainable I don’t like to speculate on the future Fed action
Monday: The PBoC cut the 1-year LPR rate by less than expected and held the 5-year rate steady: LPR 1-year 3.45% vs. 3.40% expected and 3.55% prior. LPR 5-year 4.20% vs. 4.05% expected and 4.20% prior. PBoC The German July PPI missed expectations: PPI M/M -1.1% vs. -0.2% expected and -0.3% prior. PPI Y/Y -6.0%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any