Find the key market developments of the week.
In Ireland, the economy during this period increased by almost a third (32.6%), and consumer spending per capita decreased by 5.6%.
Yuan fell to its lowest level in six years against the US dollar after the People’s Bank sharply lowered the reference rate by 0.37% to a 6.7558 level
The Australian jobs growth is not following thought as the Crude spikes on upbeat EIA update.
The inflation levels are still an issue in the US and not only there but also in the rest of the world. There does not seem to be any inflation, as such, rather signs of a deflation ready to happen.
Saudi Arabia opens up for global investments with the new bond offering , as the stocks are mixed ahead of ECB.
The UK Office for National Statistics reported in September that the CPI rose to 1.0%, which is 0.1% higher than projected.
According to Yellen’s speech on Friday in Boston the FED may be forced to create some “high pressure” in the economy to get over the blows, which curbed production.
The Crude oil pulled back away from the resistance zone of 51.20-22.00 and is now about to head South after Gold. The gold and “Black Gold” are forming interesting patterns today.
Find the key market developments that could change the game!
The Oil production in North Dakota fell below 1 million barrels for the first time in two years while the rising prices for raw materials are spurring.
Dollar made a U-turn after dipping to 97.50 level as the investors remain optimistic about the FED, gaining 0.38% during the London trading.
The lackluster Chinese data spurred demand for a safe haven with the Japanese Yen rising against the Dollar.
EUR/USD pair is in the best time for a sell, as with the S&P500 we have caught up with the 3rd point of the ascending channel.
Pound pared declines recovering to a 1.23 level as the British Prime Minister Theresa May allowed the parliament to vote on her plan, which in turn eased investors’ concerns about the ruined ties with the EU.