5 REASONS TO EARN THIS WEEK!
Dear traders,
This week attention of the world financial markets will be riveted to the meeting of the Bank of England. Market players are interested in new information about when the Bank of England is going to once again raise the interest rate.
Also, traders will pay attention to the decisions on the monetary policy of the Reserve banks of Australia and New Zealand.
Talks that the leading central banks of the world will begin to tighten monetary policy earlier than experts predicted led to government bonds sales this year. At the same time, the profitability of treasury bonds of the USA, Europe and Asia sharply increased.
The week will be relatively quiet in relation to the publication of economic reports of the US and the eurozone: only a few relatively important economic data will come out.
Instead, the players of the market will be interested in the China’s trade balance against the backdrop of recent signals about the continuing high growth rates of the second world economy.
In Canada, the attention of traders will be attracted by employment reports, which will allow to assess the state of the economy of this country and the likelihood of an increase in the interest rate by the Bank of Canada this year.
Have a profitable week, 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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