2 January, 2019
In December, China Caixin Manufacturing PMI slowed down from 50.2 to 49.7. Economists forecasted growth to 50.3. Today, financial market participants will assess indicators of economic activity in the Eurozone and the UK.
The bearish sentiment still prevails in the "black gold" market. At the moment, futures for the WTI crude oil are testing the mark of $44.85 per barrel.
Yesterday, the main financial markets were closed due to the New Year holidays.
The 10-year US government bonds yield shows negative dynamics. Currently, the indicator is at the level of 2.69-2.70%.
The economic calendar on 02.01.2019:
The US dollar strengthened against a basket of major currencies during yesterday's trading. American currency was supported by the news that the US government...
The US dollar is declining against a basket of major currencies after news from the United States. The US President, Donald Trump, refuses to sign...
The US dollar fell against a basket of major currencies after the Fed meeting. Yesterday, the regulator raised the interest rate at 25 basis points to 2.50%, as...
Sellers continue to prevail on the black gold market. The WTI crude oil futures grew by more than 5.5% during the last 2 weeks. The oil prices have reached...
There was a correction on the oil market since the beginning of October after a strong growth in September that appeared to be more than 10%...
The level of inflation in the US still does not reach the Fed target mark. At the moment, the technical pattern is ambiguous. EUR/USD is consolidating...