These are the biggest events to watch this week!
Inflation reports for October will be released in Canada and the United Kingdom. For the Bank of Canada, the data might convince policymakers to make another 50-bps cut in December. But for the Bank of England, it will be about deciding whether to cut at all at the next meeting.
The flash PMI readings for November will be the other main highlight of the week. In the euro area, the economic woes are mounting so the data will be an important guide for ECB policymakers.
In the US, investors will be more focused on what the PMI reports say about employment conditions and price pressures.
What do you think? Let us know in the comments below.
#XM #XMPhilippines #EconomicCalendar
Inflation reports for October will be released in Canada and the United Kingdom. For the Bank of Canada, the data might convince policymakers to make another 50-bps cut in December. But for the Bank of England, it will be about deciding whether to cut at all at the next meeting.
The flash PMI readings for November will be the other main highlight of the week. In the euro area, the economic woes are mounting so the data will be an important guide for ECB policymakers.
In the US, investors will be more focused on what the PMI reports say about employment conditions and price pressures.
What do you think? Let us know in the comments below.
#XM #XMPhilippines #EconomicCalendar
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β¨ Learning Outcomes
Backtesting a strategy in the Gold CFDs Market
Forward testing a strategy in the Gold CFDs Market
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Immerse yourself in the world of trading π€©π€―
Join our FREE Live Education session with our presenter and forex coaches, Coach Jonathan and Coach Madi, in the Filipino Advanced Room at 6 PM! π€π₯
π6pm to 7pm: Presenter Kath - Introduction to XM
π7pm to 8pm: Jonathan Reyes - Price Action Basics
π8pm to 9pm: Jonathan Reyes - ADX & PSAR
π9pm to 10pm: Madi Daji - Live Market Navigation
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π£Market Updates
πStocks remain directionless despite stellar earnings by Nvidia
πDeclining odds for December Fed rate cut weigh on the markets
π΅US dollar holds near highs as BoJ rate hike speculation lifts yen
β¨Gold continues to climb while Bitcoin soars above $97,000
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πStocks remain directionless despite stellar earnings by Nvidia
πDeclining odds for December Fed rate cut weigh on the markets
π΅US dollar holds near highs as BoJ rate hike speculation lifts yen
β¨Gold continues to climb while Bitcoin soars above $97,000
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π£ These are the weekβs biggest events:
π The RBNZ is set to slash rates by 50bps at its November meeting.
π The Fed and ECB might not welcome an uptick in inflation data.
π The FOMC minutes for November will also shape Fed expectations.
Let us know your thoughts in the comments below. π
π The RBNZ is set to slash rates by 50bps at its November meeting.
π The Fed and ECB might not welcome an uptick in inflation data.
π The FOMC minutes for November will also shape Fed expectations.
Let us know your thoughts in the comments below. π
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π€ Enjoy valuable trading discussion! Watch our live education every day from Monday to Friday 6pm-10pm and learn about trading for FREE! π€© Don't miss out on this opportunity to enhance your trading skills! π
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Join our live education session and catch Coach Jonathan, along with Presenter Kath and Coach Madi, in the Filipino Advanced Room at 6 PM! π₯
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Upgrade your trading strategies! π€
Join our live education session and catch Coach Jonathan, along with Presenter Kath and Coach Madi, in the Filipino Advanced Room at 6 PM! π₯
π6pm to 7pm: Presenter Kath - Introduction to XM
π7pm to 8pm: Jonathan Reyes - Pagkilala sa Forex Trading
π8pm to 9pm: Jonathan Reyes - Ichimoku Kinko Hyo
π9pm to 10pm: Madi Daji - Live Market Navigation
Watch here π bit.ly/XMxLiveEduc
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Backtesting a strategy in the Crypto CFDs Market
Forwardtesting a strategy in the Crypto CFDs Market
π Date: November 27, 2024 π Time: 8:00pm-9:00pm
See you in the live chat over at bit.ly/CryptoCFDsNov2024
β¨ Why You Should Tune In:
Backtesting a strategy in the Crypto CFDs Market
Forwardtesting a strategy in the Crypto CFDs Market
π Date: November 27, 2024 π Time: 8:00pm-9:00pm
See you in the live chat over at bit.ly/CryptoCFDsNov2024
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Essential Strategies for Crypto CFDs Trading
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