KEY EVENTS OF THIS WEEK!
Dear traders,
This week, the global financial markets will be focused on the head of the Fed, Jerome Powell, when he will report for the first time to congressional committees as chairman of the US central bank.
In the US, reports on incomes and expenditures of individuals will be published, and the basic price index of personal consumption expenditure in the US, which is the base indicator for determining the Fed’s inflation.
In the euro area, investors will assess the inflation data for the month to see how quickly the ECB will start to wind down its financial incentive program.
In the UK, traders will be interested in reports on the index of business activity in the manufacturing and construction sectors (PMI), which will assess the state of the economy of this country and the likelihood of an increase in the interest rate by the Bank of England this year.
Market players will also pay attention to the report on business activity in the manufacturing sector of China against the backdrop of recent signals about the continued positive growth dynamics of the second world economy.
Find out more about these events during the week on our website.
Have a successful trading week and a good day, Gentlemen!
We would like to remind you that you can always get acquainted with the upcoming news in the Economic Calendar, and in the Analytics section there are technical analysis, experts’ opinions and news feed!
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