Fed Monetary Policy Report to be released

13 July, 2018

At 11:00 GMT, UK MPC Member Cunliffe is due to speak at the Cumbria Chamber of Commerce, in England. GBP pairs can move because of this event.

At 14:00 GMT, US Michigan Consumer Sentiment Index (Jul) is expected to come in at 98.2 against a previous 98.2. The March reading was a record high for the index at 102.0 and the data is showing the number holding under the 100.0 level since with no change expected today. USD pairs can react to this data release as a barometer of consumer spending.

At 15:00 GMT, US Fed Monetary Policy Report is due to be released. This report is release twice a year and provides an insight into the conduct of monetary policy and economic developments and prospects for the future for the Senate Committees to review. USD pairs can be moved by the content within the report.

At 16:30 GMT, US FOMC Member Bostic is due to speak at a scheduled event. USD pairs can be moved by any comments made.

At 17:00 GMT, Baker Hughes US Oil Rig Counts is due to be released with a headline number from last week of 863 that ticked higher from 858 previously. Oil prices fell on Wednesday after a bigger than expected draw in inventories. This has led to 4 weeks out of the last 5 having bigger than expected draws. But it was Libyan intentions to increase production that sent prices lower. WTI Oil can become volatile around this data release and will be in traders’ minds when trading resumes on Monday.


Source link  
Cautious mood has returned to stocks

American markets ended trading on Wednesday with a slight increase. Asian bourses also experienced growth at the opening, but it was quickly...

Emerging markets rebound seems over

Asian markets have turned to a decline with a renewed force. After the rebound of last week, the index MSCI Asia ex Japan loses 1.2% and is only...

Rebound in Asian markets intensifies

On Friday morning, the demand for risks on the Asian bourses continues to recover. MSCI for Asia ex Japan is adding more than 1.2% this morning, having...


Reasons to rebound EM indices

Asian markets are adding after reaching 14-month lows the day before. Positive markets are supported by the reports about China's invitation to trade...

Strong data supports U.S. markets

Stocks of the Emerging Markets remain under pressure on Wednesday morning, with positive sentiments prevailing in American markets following...

Pound press dollar on news about Brexit

Michael Barnier, the EU's top negotiator on Brexit, called a reaching of the agreement on the deal within next 6-8 weeks realistic. This news supported...


Brent reversed from resistance level

Brent Crude Oil recently reversed down sharply from the major, multi-month resistance level 79.50 (which has reversed the price multiple times from the...

EM Markets sale-off spreading to DM

The current weakness on the developing countries financial markets is the longest since 2008. The similarities go further than that: as well as 10 years ago...

The price for trade uncertainty

The markets are cautiously on buy for American stocks, and the dollar adds on fears that trade conflicts are seriously stifling the business sentiment...


In the past 24 hours Bitcoin has gained 2.81% and reached $6734.86802858. Open your trading account with the best cryptocurrency brokers on special terms today.

In the past 7 days the EUR/USD pair has gained 1.2994% and is now at $1.1781. Start trading and making money on Forex today.

In the past 7 days Ethereum has gained 12.67% and is now at $241.245761223. Have the most popular cryptocurrencies compared online 24/7.


Top Brokers offering Daily Forex Market Reviews


Forex Currencies Forecasts


Top 10 Forex Brokers 2018

# Broker Review
1easyMarketseasyMarkets90%
2FXTMFXTM88%
3HYCMHYCM87%
4Alfa-ForexAlfa-Forex86%
5FxProFxPro85%
6FIBO GroupFIBO Group84%
7OctaFXOctaFX83%
8HotForexHotForex82%
9FXCMFXCM79%
10AvaTradeAvaTrade77%
  


Share: