Market News

Headlines the Economic Calendar on Wednesday


1. Service PMI Numbers We will focus on a report on activity in the service sector today. German Service PMI will be announced and it is expected to rise to 50.8 from 45.7 in the previous number while Eurozone Service PMI is expected to be 48.8. A reading belo...

07 Apr 21 (Wed)

06:29 am

ECB Wunsch: Households savings are enough to finance 3-5 years of strong consumption


Household savings in 2020 and the start of 2021 are enough to finance private consumption growth above 2019 level for 3-5 years Surprised by the resilience of economies ECB is fine with financing conditions as they are If economy improves strongly it will have to mea...

06 Apr 21 (Tue)

01:48 pm

IMF more upbeat on global growth


IMF boosts 2021 global growth estimate to 6.0% from 5.5% in January 2021 would be strongest year since 1976 Advanced economies +5.1% vs +4.3% in Jan Emerging markets 6.7% vs 6.3% in January The IMF sees 4.4% growth in 2022 Says global economy cont...

06 Apr 21 (Tue)

01:46 pm

Headlines the Economic Calendar on Tuesday


1. Eurozone Unemployment Rate We will focus on Eurozone Unemployment Rate today. The Unemployment Rate for February is expected to stay at 8.1%. 2. US JOLTs Job Openings The US Bureau of Labor Statistics will release its JOLTS job op...

06 Apr 21 (Tue)

06:06 am

US ISM Non-Manufacturing PMI (MAR)


Actual: 63.7 Expected: 59 Previous: 55.3

05 Apr 21 (Mon)

02:01 pm

Breaking News


Markit US service index 60.4 vs 60.2 expected

05 Apr 21 (Mon)

01:47 pm

A Busy Week For Trading, Focus On FOMC Meeting Minutes


The minutes of the FOMC meeting due Thursday is expected to provide investors with an insight into the Fed thinking on monetary policy. The Federal Reserve kept rates unchanged last Wednesday and signaled that near-zero rates would continue through 2023 to support the next phase of the...

05 Apr 21 (Mon)

01:41 pm

US Nonfarm Payrolls surge by 916,000 in March


Nonfarm Payrolls (NFP) in the US rose by 916,000 in March, the data published by the US Bureau of Labor Statistics showed on Friday.

02 Apr 21 (Fri)

12:31 pm

US Unemployment Rate (Mar)


Actual: 6.0% Forecast: 6.0% Previous: 6.2%

02 Apr 21 (Fri)

12:30 pm

US Nonfarm Payrolls (Mar)


Actual: 916K Forecast: 647K Previous: 379K

02 Apr 21 (Fri)

12:30 pm

US Nonfarm Payrolls will be published in 15 minutes


US Nonfarm Payrolls are expected to rise 647K in March from 379K. The Unemployment Rate is expected to drop to 6.0% from 6.2%. Average hourly earnings are expected to come out 4.5%, year on a year basis.

02 Apr 21 (Fri)

12:14 pm

Watch Out For The US Non-Farm Payrolls Today


All eyes will be on the US Non-Farm Payrolls today! The US Jobs Report will be released at 12:30 p.m. (GMT). Why Is This Important? The Non-Farm Payrolls track the change in the number of people employed by the US in manufacturing, construction, and goods companies. It does no...

02 Apr 21 (Fri)

05:44 am

Breaking News


The OPEC+ deal will include 350K in May, 350K bpd in June and 400K bpd in July.

01 Apr 21 (Thu)

03:21 pm

Breaking News


OPEC+ AGREES TO RESUME GRADUAL MONTHLY OUTPUT HIKES: DELEGATE

01 Apr 21 (Thu)

03:20 pm

Breaking News


OPEC+ GRADUAL EASING OF OIL CUTS COVERS MAY-JULY - SOURCES

01 Apr 21 (Thu)

03:19 pm

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