An excellent day for active trading!
Dear traders,
Today is an active trading day!
So we are preparing for trading!
- 11:30 – GB Services PMI (Nov)
- 17:00 – Canada Interest Rate Decision
Use the opportunity to make money with Ester’s EXPRESS NEWS TRADING service!
Also today, at 18:00 Moscow time, Fed Chair Jerome Powell will testify on the economic outlook before the Joint Economic Committee of Congress. Text of the testimony will be released 90 minutes before he starts speaking.
Markets will be watching to see if the Fed chair sticks to his message last week that interest rates were “just below” the neutral level at which they neither stimulate nor hinder economic growth. The comments came less than two months after he said rates were probably “a long way” from that point.
Investors viewed the shift as an indication of fewer interest rate hikes next year.
A fourth rate hike for this year is expected later in December, but the road from there is unclear. While Fed policymakers have pointed to three increases in 2019, the market is only anticipating one. (Investing.com)
Have high profits and a good day, Ladies and 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 Trade signals!
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