This week data ahead 10-02-2020

724
this week data ahead

With a new week comes new market opportunities. Here’s a recap of what you may have missed, as well as some highlights of this week data ahead of us:

 

Catching you up on last week:

  • China stimulus rescues markets, propelling risk-on for global indices
  • PMI rebound in Europe and the U.S.
  • USD looks unstoppable against its counterparts
  • TSLA gains almost 50% in 2 days, before falling over talks of a market bubble

 

This week data ; keep an eye on:

  • Coronavirus still front and centre — with stock markets stretched, what effect could unexpected headlines have, and how will that affect majors like the dollar or yen?
  • Whether Russian will accept the 600k cut production proposed by OPEC
  • An interest rate decision in New Zealand, amid weak Asian-Pacific currencies
  • GDP data in Germany, Europe and the UK

Click to sign up with ICMarkets

Related Post:
xauusd technical analysis on dated 9-5-2023