Browsing category Market News

Market Brief May 2nd: Big day for the dollar


European Union EUR, 08:55 a.m. GMT+1, German Manufacturing PMI (Apr) – an important market catalyst that will impact the euro and its price. Manufacturing in the strongest economy of the European Union is followed by major banks and financial institutions as well as retail traders. Projections are for the the rate of growth to remain

Market Brief April 27th: U.S. GDP due


The European Union EUR, 08:55 a.m. GMT, German unemployment change (Apr) – The event measures the change in the number of unemployed individuals during the month of April. If the reading shows that more people were out of job in April compared to predictions, this should be seen as having a negative impact on the

Market Brief April 25th: Growing interest in crypto markets by major players and banks


Bitcoin and Ether – there’s been information circulating that serious big players have been sharpening their teeth in relation to the crypto ecosystem. To be particular, the financial “whales” expressing interest are: $26 billion dollar wealth management firm owned by George Soros, Stanjar, Venrcok (venture capital firm associated with the Rockerfeller’s and CoinFund (another hedge

Market Brief April 24th: German Business Climate is here


Germany EUR, 09:00 a.m. GMT, German Ifo Business Climate Index (Apr) – this is an extremely important index that has a long-term impact going six months forward. It assesses business climate and expectations based on the opinions of wholesalers, builders, manufacturers and retailers. It is interesting that the forecast points to a major slowdown at

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