Any Gold Dips Ahead Of Jackson Hole A Buying Opportunity - UBS "Strong US data has weighed on gold, putting pressure on recent longs. CFTC data as of August 2 showed that net longs increased by 2moz bringing net length to 35.64moz or 96% of the record. Interestingly, part of the gains was offset by shorts adding to positions for the first time in a month. Higher-than-expected US nonfarm payrolls last Friday likely attracted some additional ...
US Crude Oil Inventories, Rate decision in New Zealand, US Unemployment Claims, German GDP data, US Retail sales, Producer prices and Consumer sentiment. These are the major events on forex calendar. US Crude Oil Inventories: Wednesday, 14:30. Oil prices edged up more than 3%, with U.S. crude futures returning to above $40 a barrel.New Zealand rate decision: Wednesday, 21:00. The central bank is expected to cut rates to 2.00% this ...
US ISM Manufacturing PMI, ISM Non-Manufacturing PMI, Crude Oil Inventories, Australian and UK rate decision, Canadian and US employment data including the major US monthly employment report. These are the highlights of this week. US ISM Manufacturing PMI: Monday, 14:00. Manufacturing activity is expected to decline to 53.1 this time.Australian rate decision: Tuesday, 4:30. The RBA is expected to cut rates to 1.50% in its August meeting. ...
A busy week saw plenty of action in the yen and the pound, and a stronger dollar in general. A jey German survey, GDP data from the UK Canada and the US and rate decisions in the US and in Japan stand out. These are the major events on forex calendar. G20 Meetings: Sat-Sun. The UK and Japan are expected to lead the discussion towards co-ordination in fiscal spending with monetary policy.German Ifo Business Climate: Monday, 8:00. German ...
Daily price is on bearish breakdown to be started on open D1 bar for now: the price is testing 1.1001 support level to below for the bearish breakdown to be continuing. Chinkou Span line is located below the price for the bearish market condition by the breakdown by the direction.Absolute Strength indicator is estimating the primary bearish trend to be started after ranging bearish condition.Trend Strength indicator is evaluating ...