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BoE and Sterling
Will they reduce Gilts` purchasing plan?Today eye will be on the BoE meeting, where the Monetary Policy Committee (MPC) - Which is made up of nine members, including the Governor, the three Deputy Governors for Monetary Policy, Financial Stability an...
Gold after US data!
Market sentiment is positive.Published data so far is positive. Despite missing the expectation of 800K, ADP numbers were much better than 565K of last month by showing 742K new positions. On the other hand, Markit composite and Servic...
FX Market in a busy Calendar
Eyes turn on Service sector With betting on more reopening, the market collapsed in many areas and rose in many others. ADP`s jobs figures and the ISM Services PMI will be in the spotlight today. Commodities are on the rise while cryptocurrencies are...
Oil ease as U.S. companies back on track
U.S. Baker Hughes Total Rig Count at the focus Last Friday`s data, just a few hours before market close, confirmed the 440 U.S. Baker Hughes Total Rig Count. Based on OPEC data published on the same day, members production also mainly rose, especiall...
FED on hold policy, what next?
Substantial further progress is what Powell wantsThe event of the week ended, primarily as what we were waiting for. Federal Reserve holds the policy as long as how FED chair, Mr. Powell says, "substantial further progress" can be evident. Fed funds...
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