Important macroeconomic statistics for the U.S. and Canada are expected today. Volatility will increase sharply
European indices also followed the uptrend. Economic statistics in Europe are good – retail sales are rising faster than expected and manufacturing orders in Germany have doubled. Considering the US Treasury Department planning to redeem about $502 billion of Treasury bonds over the quarter, this situation will allow the euro to take a medium-term upward trend.
The situation on the oil market remains the same. OPEC+ countries have planned to increase oil production, but amid the raging coronavirus in Asia, there are concerns that demand for oil products may fall.
The gold price returned above $1800 per troy ounce, but analysts believe that the “yellow metal” will not be able to keep upward momentum, as it reflects fears about inflation in the US with a big delay.
Siemens AG, BMW AG, AbbVie Inc, Cigna Corp, Enbridge Inc. и Colgate-Palmolive Co. are reporting for Q1 2021 today.
S&P 500 (F) 4,201.62 +34.03 (+0.82%)
Dow Jones 34,548.53 +318.19 (+0.93%)
DAX 15,196.74 +25.96 (+0.17%)
FTSE 100 7,076.17 +36.87 (+0.52%)
USD Index 90.89 -0.42 (-0.46%)
News feed for: 2023.07.04
- Australian RBA Monetary Policy Statement at 04:30 (GMT+3);
- China Markit Composite PMI at 04:45 (GMT+3);
- China Trade Balance at 06:00 (GMT+3);
- ECB President Christine Lagarde Speaks at 13:00 (GMT+3);
- BOE Deputy Governor for Monetary Policy Ben Broadbent Speaks at 14:15 (GMT+3);
- US Unemployment Rate at 15:30 (GMT+3);
- US NonFarm Employment Change at 15:30 (GMT+3);
- US Average Hourly Earnings at 15:30 (GMT+3);
- Canada Unemployment Rate at 15:30 (GMT+3);
- Canada Employment Change at 15:30 (GMT+3);
- Canada PartTime Employment Change at 15:30 (GMT+3);
- Canada Ivey PMI at 17:00 (GMT+3).
This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.
