Abstract:The Australian dollar made a two-year low to end last week as bearish momentum appeared to pick up steam.
JPY: Monetary Base y/y, it measures change in the total quantity of domestic currency in circulation and current account deposits held at the BOJ.
AUD: MI Inflation Gauge m/m, it measures change in the price of goods and services purchased by consumers.
AUD: ANZ Job Advertisements m/m, it measures change in the number of jobs advertised in the major daily newspapers and websites covering the capital cities.
AUD: Building Approvals m/m, it measures change in the number of new building approvals issued.
EUR: German Trade Balance, it measures difference in value between imported and exported goods during the reported month.
CHF: CPI m/m, it measures change in the price of goods and services purchased by consumers.
EUR: Spanish Unemployment Change, it measures change in the number of unemployed people during the previous month.
EUR: Sentix Investor Confidence, it measures level of a diffusion index based on surveyed investors and analysts.
EUR: PPI m/m, it measures change in the price of finished goods and services sold by producers.
EUR: German Buba President Nagel Speaks, ECB Governing Council members vote on where to set the Eurozones key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.
CAD: Manufacturing PMI, It‘s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy.
CAD: BOC Business Outlook Survey, Its a leading indicator of economic health – businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.
In the world of online trading, a common misconception persists: trading is often seen as no different from gambling. This belief is particularly prevalent among newcomers, who may view the financial markets as a fast-paced game where winning is just a matter of luck. But trading, when done correctly, is far from mere chance!
Saxo Singapore will discontinue SaxoWealthCare and SaxoSelect by December 2024, advising clients to withdraw funds and offering alternative investment options.
Spartan Capital Securities, LLC, a brokerage firm, has agreed to a settlement with the Financial Industry Regulatory Authority (FINRA), which includes a fine of $115,000, a censure, and the requirement to retain an independent consultant.
TradingView adds Irish stocks from Euronext Dublin, broadening access to 30 companies, including Ryanair and Kerry Group.