In Turkey, the CBRT will hold its monetary policy council meeting, the day after the FOMC meeting. There is no market consensus regarding rate hike however the economists are divided between the idea that Bank would stop as inflation had its peak and the Bank should continue as upside risks on in...
The FOMC holds benchmark interest rate at 1.00-1.25% as expected Fed says Balance-Sheet unwind to start relatively soon.
The Federal Reserve is expected to leave policy rate unchanged this week. The Fed has continued to say that they’re looking at further hiking rates despite the recent slowdown in U.S. data. The US Inflation is top of mind. However, the FOMC soften its hawkish outlook for monetary policy wou...
Actual: - 7.208 M Forecast : - 2.629 M Previous: - 4.727 M
It is expected to decline by 2.63 M this week. It may be important for oil prices which tumbled within the week. Note that oil stocks declined by 4.73 M barrels in last week.
Actual: 0.8% Forecast : 1.4% Previous: 2.9%
Actual: 1.7% Forecast : 1.7% Previous: 2.0%
In the UK, Preliminary GDP growth for the second quarter will be the main release of the week. The GDP data is expected to ease to 1.7% from 2.0% in the previous quarter. A negative surprise would weigh on GBP/USD which is trading below the 1.3120 key resistance level. US New Home Sales...
Actual: 121.1 Forecast: 116.5 Previous: 118.9
The EUR/USD pair found buyers from the 1.1630 major support level and it has surged significantly intraday.In the event that the upward movement continues, we will face 1.1740 as a resistance level.
Actual: 78.7% Previous: 79.0%
Actual: 116.0 Forecast: 114.9 Previous: 115.1
German IFO Business Climate Index will be announced today. The index based on a survey of manufacturers, builders, wholesalers and retailers and it measures expectations of German Economic Activity for the next six months. The Index is expected to slightly ease to 114.9 in July from 115.1 a month...
Actual: - 1.8% Forecast : - 1.0% Previous: 1.1 %
Actual: 54.2 Forecast : 54.0 Previous: 54.2
Important : One Billion Signals will not be liable for any losses sustained while using the services provided on the One Billion Signals application. This application is not a solicitation to trade forex signals, nor is the representation is being made that any account will, or is likely to, achieve profits or losses similar to those discussed on the application. The past performance of any trading system or methodology is not necessarily indicative of future results.
© 2021 One Billion Signals All Rights Reserved