Markets are preparing for the release of the Federal… Month-over-Month Retail Sales was at 0.4% in October, which was slightly higher than the 0.3% expected by the market. Crude Oil is trading today in the Asian session above the $78 level. Nonfarm Payrolls for the previous month printed 12,000. OPEC members (including Russia) will meet and will discuss the current deal.
Weekly Analysis
Rates are expected to be cut by 25 basis points. The USA500 is currently trading above 5,890 levels. U.S. stock futures inch higher on sasol shares Friday, suggesting a muted recovery in the wake of declines in U.S. equities in the prior session.
Euro – Dollar Analysis
Federal Reserve will conclude its 2-day meeting to decide on interest rates. The current rate is 4.75%, after a 25 basis point cut in November. Analysts expect the rate to be cut by 0.25% to 4.50% at this meeting. Desktop Fortrader is our premiere, feature-packed downloadable trading software. Its extremely flexible and user-friendly interface allows you to control and customise your trading environment in a way that best suits your trading style and strategies.
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- Nonfarm Payrolls for the previous month printed 12,000.
- Rates are expected to be cut by 25 basis points.
- We could go on and on but we’d rather you come see for yourself.
- U.S. stock futures inch higher on Friday, suggesting a muted recovery in the wake of declines in U.S. equities in the prior session.
- Crude Oil traded below the $69.60 level in the European session.
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In November OPEC delayed unwinding production cuts until January. OPEC might decide to delay again according to reports. Fortrade Cyprus Ltd provides investment and ancillary services https://satrix.co.za/ to residents of the European Economic Area (EEA).
Pound – US Dollar Analysis
Crude Oil traded below the $69.60 level in the European session. Crude oil traded lower in the European trading session, as uncertainty over global economic growth and fuel demand from Washington’s tariff threats and further signs of a U.S…. Gold prices are trading in today’s European session below 2865 levels. Gold is trading lower in the European sessions, as the American dollar rises in value following new threats of global trade war coming from Donald Trump, while…
The Monetary Policy Committee of the Bank of England will meet to decide on interest rates. The current rate is 4.75% and expectations are that they may remain unchanged this month. The Bank of Japan will meet to set its interest rates. In July the bank increased rates by 15 basis points to 0.25%. The European Central Bank sasol company will meet to discuss interest rates. Rates are currently at 3.40% after a rate cut of 25 basis points in October.
The Bank of Canada will meet to set interest rates. They are currently 3.75% after the bank cut interest rates in October by 50 basis points. Rates are expected to be cut by 25 basis points this month, but it might choose a https://www.coronation.com/ larger 50 basis point cut.
We could go on and on but we’d rather you come see for yourself. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.43% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. In the European session, the German Benchmark Index traded above 22,530 levels. The German main stock index is on the https://www.liberty.co.za/ rise in the European trading session, as gains in the Insurance, Industrials and Utilities sectors pushed shares higher.
