Energy Technical Update - Oil prices turning bearish. Gasoline gives relief to commuters

(USOIL) Crude Oil Price Crisis!? Fed To Boost (USD) US Dollar? UK Inflation Rate Surprised Many This Week, What About The Following One? Economic Calendar by FXMAG.COM

Mikołaj Marcinowski Mikołaj Marcinowski 16.04.2022 17:59
Today, tomorrow and on Monday many countries around the world celebrate Easter. Friday was a day free for many stock markets and banks too. As we wrote yesterday forex market was live so we may say it had some time to stock (sic!) up. The following week is going bring many news and next proves of hawkish rhetoric of Fed, ECB and BoE. Monday – Going East – Chinese GDP On Monday many, many countries – Germany, Italy Spain, Australia and more has a day free. Only in China, very early in the morning GDP and Industrial Production are printed. Previously Gross Domestic Product amounted to 4%. Another indicator released at 3 a.m. – Industrial Production hit 7.5% previously. Related article: Deutsche Bank Shook DAX! French Election, Inflation And ECB Are Factors Which Shaped DAX (GER 40), CAC40, FTSE 100 And IBEX35 - Top Gainers, Top Losers Tuesday – RBA Meeting Minutes – NZD/USD To Plunge Again!? It’s good to have a look at RBA Meeting Minutes in the morning. The document will be released at 2:30 a.m. and may let us prepare NZD rate prediction. At 1:30 p.m. we focus on the data coming from the USA. Building Permits release previously amounted to 1.865M. This indicator let us diagnose the real estate market in the United States. Wednesday - Crude Oil Price To Skyrocket!? CAD/USD And NZD/USD May Fluctuate! First release of the day is Chinese PBoC Loan Prime Rate which takes place at 2:15 a.m. Previously this indicator amounted to 3.7%. At 1:30 p.m. you better follow CAD/USD and other pairs with Canadian dollar as Core CPI may shake the rate. Indicator amounted to 0.8% previous time. Later in the afternoon investors should follow the release of Existing Home Sales (6.02M) and, what’s most important – Crude Oil Inventories. ON April 13th Crude Oil Inventories hit 9.382M! Very late in the afternoon we focus on New Zealand where CPI (Q1) is released. Let’s follow NZD forex pairs then. Thursday – Huge Gain Of US Dollar Index (DXY) Amid Hawkish Fed!? Follow Euro To US Dollar (EUR/USD) and GBP/USD Fluctuations! What Will BoE And ECB Do? Naturally next Fed decision is made in May, but before it happens we all stay updated with the current Fed rhetoric expressed by i.a. Jerome Powell who speaks at 6 p.m. on Thursday. What’s more it’s going to be a really, really market moving day as alongside Powell, BoE’s Bailey and ECB’s Lagarde speaks as well! Additionally, at 10 a.m. the EU CPI is released. After the recent interest rate decision ECB’s rhetoric is definitely worth a follow! Article on Crypto: Hot Topic - NEAR Protocol! Terra (LUNA) has been seeing a consistent downward price trend, DAI Should Stay Close To $1 Friday – GBP/USD To Plunge!? UK Manufacturing PMI Release And BoE’s Lagarde Speaks Again The following week ends with some important releases. We begin with UK Retail sales, Manufacturing PMI, Services PMI and German Manufacturing PMI. In the afternoon Canadian Core Retail Sales (2.5%) is released. The day ends with ECB’s and BoE’s representatives’ testimonies. Source/Data: Economic Calendar
ECB To Shock Markets In The Following Week!? US Dollar Rate Under Pressure As Well!

ECB To Shock Markets In The Following Week!? US Dollar Rate Under Pressure As Well!

Mikołaj Marcinowski Mikołaj Marcinowski 08.04.2022 09:38
Although it’s easter coming and Friday, April 14th is a day free for many banks, the rest of the week will make investors and economists really focused. There is a lot of events to follow. European Central Bank, Reserve Bank of New Zealand and Bank of Canada release their interest rates as i.a. United Kingdom and the United States release their inflation data. Monday – United Kingdom The first day of the week won’t make us exhausted, but we’re going to be sleepy most probably. Release of Manufacturing Production (MoM) takes place at 7 a.m. This indicator previously amounted to 0.8% Tuesday – UK, Germany, USA After not so shocking Monday, the week lets it go. United Kingdom – in the morning, at 7 a.m. Average Earnings Index +Bonus is known. At the same time Clamaint Count Change goes public. Three hours later we focus on German ZEW Economic Sentiment (-39.3). Shortly after midday, at 1:30 p.m., the US Core CPI is presented. Wednesday – Bank of Canada - interest rate decision You better don’t fall asleep on Tuesday! At 2 a.m. on Wednesday RBNZ interest rate decision is released. Current one amounts to 1% 5 hours later we go back to United Kingdom to meet CPI (YoY) indicator and PPI of the United States. Probably the most interest event of the day takes place at 3 p.m. At this time Bank of Canada reveal its monetary policy move. Will be 0.5% interest rate raised? Thursday – ECB Interest Rate Decision Thursday is a day free for Indian people, but the rest of the world share important data. At 2:30 a.m. Australian Employment Change is released. Previously this one amounted to 77.4K. Shortly after midday all eyes on the European Union! Deposit Facility Rate and Interest Rate Decision are released at 12:45 p.m. and going to influence markets around the world. At 1:30 p.m. it’s time for US Core Retail Sales (0.2%) and Retail Sales (0.3%) to go public. Source/Data: Economic Calendar
Podcast: Commodities rout points to recession fears

Exhange Rate GBP To INR And Crude Oil Price To Plunge This Week!? Bank Of England – Interest Rate Decision Ahead - Economic Calendar By FXMAG.COM

Mikołaj Marcinowski Mikołaj Marcinowski 01.04.2022 16:15
Another week is near and we focus on all major economic events in the week 04/04-8/04/22. There are some releases we should highlight and these are, among others, Australian Retail Sales (MoM) (1.6%), RBA Interest Rate Decision and US Crude Oil Inventories. There are also important events to follow on Friday as Reserve Bank Of India announces its interest rate decision. Monday – Chinese rest, Australians meets Retail Sales, Bank Of England’s Bailey Testifies On Monday there is Ching Ming Festival in China so there are no economic events in this country on April 4th. Countries which we should observe are Australia and Great Britain. In Australia, at 2:30 a.m. Retail Sales is released (prev. 1.6%). Heading to Great Britain, five past ten speaks BoE’s Bailey so expect some hints about incoming monetary policy statement. Tuesday – another day of Chinese Holiday, RBA decides on Interest Rate, Great Britain releases Composite and Services PMI In Australia, very early in the morning RBA Interest Rate Decision release and RBA Rate Statement go public. Current interest rate of this country amounts to 0.1% (!) Four hours later it’s time to visit Great Britain again this week as Composite PMI and Services PMI are announced. At 3 p.m. we move to USA to get acquainted with the ISM Non-Manufacturing PMI (56.5). Wednesday – US Crude Oil Inventories indicator is here The great day begins with GB Construction PMI released at 9:30 a.m. In the afternoon we travel to North America for the announcement of Canadian Ivey PMI Release planned for 3 p.m. Half an hour later the time comes – we get acquainted with Crude Oil Inventories (prev. -3.449M). In the evening a sneak peak of the next monetary policy statement goes public as FOMC Meeting Minutes are released. Friday – GBP To INR Might May Change! As mentioned - Reserve Bank of India releases its interest rate decision on Friday. The current one amounts to 4% and a change will affect GBP To INR exchange rate. In the afternoon it’s good to follow news from Canada. At 1:30 p.m. Employment Change of this country goes public (prev. 336.6K) Source/Data: Economic Calendar
Saxo Spotlight: What’s on investors and traders radars this week? - 27/06/22

Releases This Week: Australian Retail Sales, US Crude Oil Inventories And Nonfarm Payrolls – Economic Calendar By FXMAG.COM – 29/03-1/04/22

Mikołaj Marcinowski Mikołaj Marcinowski 28.03.2022 17:13
So Monday has been a silent prologue to the week which is packed with loads of releases from around the world. In the following days the EU Retail Sales, US Crude Oil Inventories And Initial Job Claims Go Public. What’s highlighted among mentioned? Chinese Manufacturing PMI, the US Nonfarm Payrolls and Unemployment Rate. Tuesday At 1:30 a.m. Retail Sales (MoM) indicator is released. The previous value hit 1.8%. In the afternoon we should follow the US releases so the CB Consumer Confidence and JOLTs Job Openings published at 3 p.m. Wednesday The day ‘begins’ quite late as ADP Nonfarm Employment Change is released at 1:15 p.m. This indicator previously amounted to 475K. Fifteen minutes later it’s time for two indicators: GDP (prev. 7%) and highly awaited Crude Oil Inventories releases which takes place at 3:30 p.m. Thursday Don’t fall asleep or wake up early on Thursday! At night (2:30 a.m. Chinese Manufacturing PMI goes public). At 7 a.m. British GDP is released followed by German Unemployment Change release almost two hours later. At 1:30 there are two indicators published – the US Initial Jobless Claims (187K) and Canadian GDP (0%) Friday The last working day of the week seems so be a long day. There are nine major releases planned beginning with Japanese Tankan Large Manufacturers and Non-Manufacturers Indices (Q1) presented at 0:50 a.m. Quarter to 3 a.m. it’s time for the release of Caixin Manufacturing PMI. We can have a nap afterwards as the next important announcement takes place at 8:55 a.m. Half past nine British Manufacturing PMI (55.5) is released followed by the EU CPI (YoY) (5.9%) half an hour later. At 1:30 p.m. in the US two indicators are released – Nonfarm Payrolls and Unemployment Rate. The week ends with ISM Manufacturing PMI released at 3 p.m. Data/Source: Economic Calendar Time: GMT+1

Economic calendar by FXMAG.COM

Economic indicators release dates cumulated in one article.

Get to know when BoE, FED, Deutsche Bundesbank and other national banks will release important information.

Indicators which are released by banks:

Among others: CPI (Consumer Price Index), PPI (Producer Price Index), GDP (General Domestic Product)