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FX Market in a busy Calendar
Eyes turn on Service sector With betting on more reopening, the market collapsed in many areas and rose in many others. ADP`s jobs figures and the ISM Services PMI will be in the spotlight today. Commodities are on the rise while cryptocurrencies are...
Oil ease as U.S. companies back on track
U.S. Baker Hughes Total Rig Count at the focus Last Friday`s data, just a few hours before market close, confirmed the 440 U.S. Baker Hughes Total Rig Count. Based on OPEC data published on the same day, members production also mainly rose, especiall...
FED on hold policy, what next?
Substantial further progress is what Powell wantsThe event of the week ended, primarily as what we were waiting for. Federal Reserve holds the policy as long as how FED chair, Mr. Powell says, "substantial further progress" can be evident. Fed funds...
ECB preview and EUR
Will they follow the BoC?Today, the main event will be the ECB meeting; eyes all turn on that. After yesterday`s BoC tapering of its purchase program, and even though if we do not expect any changes in interest rates and monetary policies, however, a...
BoC meeting preview
Decreasing the purchasing programLater today, BoC will have an interest rate decision and announcement of monetary policy meeting. Market and analyst expectations are that the central bank keeps rates unchanged at 0.25% but announces more tapering of...
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