Economic News Category

All eyes on Europe – Huge volatility expected in EU equities The platform is set to start the new week on a positive footing after the solid retail sales last Friday. The index of US500 closed retail at absolute highs after the Friday gain of 1.9% which brought the loss on the week to 1%-

Upcoming Market Updates : NZD,CNY,JPY,EUR,CAD, USD Time 01:30 AM GMT+3 NZD: BusinessNZ Manufacturing Index, it measures level of a diffusion index based on surveyed manufacturers. Time 05:00 AM GMT+3 CNY: GDP q/y, it measures change in the inflation-adjusted value of all goods and services produced by the economy. Time 07:30 AM GMT+3 JPY: Tertiary Industry

Upcoming Market Updates : GBP,AUD,JPY,EUR, CHF,CAD,USD Time 02:01 AM GMT+3 GBP: RICS House Price Balance, it measures level of a diffusion index based on surveyed property surveyors. Time 04:00 AM GMT+3 AUD: MI Inflation Expectations, it measures percentage that consumers expect the price of goods and services to change during the next 12 months. Time

Upcoming Market Updates : NZD, EUR, GBP, USD, CAD   Time 01:45 AM GMT+3 NZD: FPI m/m, it measures change in the price of food and food services purchased by households. Time 05:00 AM GMT+3 NZD: Official Cash Rate, it measures interest rate at which banks lend balances held at the RBNZ to other banks

Euro above parity by a thread It looks like July 2022 could be a memorable month for euro, but unfortunately not for the right reasons. EUR/USD is within a risk of dropping below parity with USD since 2002, at that time EUR was just three years old. In North American session, EUR/USD is trading at