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Will the BOC act amid an improving outlook?

Will the BOC act amid an improving outlook?

What will happen? The Bank of Canada will publish a rate statement and update on the interest rate on Wednesday, at 17:00 MT time. The statement normally contains commentary abo...
Bank of America: time to sell stocks

Bank of America: time to sell stocks

What happened? Bank of America has tracked signs of the upcoming stock market crash. The bank said that investors optimism over global recovery has pushed stocks to too high lev...
Bank of America: stocks sell-off is soon

Bank of America: stocks sell-off is soon

What happened? Bank of America has tracked signs of the upcoming stock market crash. The bank said that investors optimism over global recovery has pushed stocks to too high lev...
NZD/USD: testing the resistance

NZD/USD: testing the resistance

Disposition The US dollar has exerted much pressure on the NZD lately and made the pair dive to the support of 200-MA above 0.72. However, the pair bounced and currently trades ...
AUD jumped on positive GDP

AUD jumped on positive GDP

Latest news Australian GDP rose by 3.1%, exceeding analysts forecasts of 2.5%. Australia experiences a stronger-than-expected recovery due to a rebound of the labor market, r...
WTI oil: how to trade the OPEC+ meeting

WTI oil: how to trade the OPEC+ meeting

Disposition OPEC+ is just about to meet the series of sessions starts later today. Iran will be there, Russia will be there that is, apart from the primary cartel member countri...
US service data is coming

US service data is coming

What will happen? The US Services PMI will be out at 17:00 MT time on March 3. This is the leading indicator of economic health, which shows businesses attitude towards the econ...
Johnson&Johnson’s vaccine boosts optimism

Johnson&Johnson’s vaccine boosts optimism

What? On Saturday, the US Food and Drug Administration approved JohnsonJohnsons vaccine for emergency use against Covid-19. According to the regulators plan, the government will...
BTC: revival after huge sell-off

BTC: revival after huge sell-off

BCA Research warned investors to stay away from the largest cryptocurrency (BTC). Elsewhere JPMorgan said that flows to Bitcoin funds are significantly weaker than in December.Shou...
BTC rebounds after huge sell-off

BTC rebounds after huge sell-off

BCA Research warned investors to stay away from the largest cryptocurrency (BTC). Elsewhere JPMorgan said that flows to Bitcoin funds are significantly weaker than in December.Shou...
Gold: trading the wavy downtrend

Gold: trading the wavy downtrend

Disposition Risky moods are still there in the market - thats why gold is still falling. The MAs are all aligned inversely and aim downwards, and the gold price trades consisten...