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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...
Stock Market is free fall
Nasdaq leading trouble The first trading day of May started with the uptrend in stock markets. On Wall Street, DJI ended up 0.7% on Monday, while SP500 gained 0.3%. However, as a sign of faster recovery with reopenings in many States in the USA...
Monthly Outlook - May 2021
Recovery on its wayThe overall look of the April review and My PreviewBased on data released in April, the U.S. economy expanded at a rapid 6.4% yearly base in the first quarter. Almost every part and the financial group developed this year so far, a...
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...
The earnings report and NFP numbers
Weekly Outlook, 2- 7 MayWhile earnings reports will be continued in the week ahead, BoE and RBA policy meetings and press conferences will also be the center of attention. Also, we should follow Powell and other FOMC members` speeches and wait for so...
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