Important upcoming events and publications for December, 3 (GMT):
09:00 Euro area Manufacturing PMI (final assessment) can increase volatility in pairs with EUR, in case of a downward revision. Since December 2017, the indicator had been demonstrated a slowdown of growth for industrial sectors.
09:30 U.K. Manufacturing PMI had been declining since November 2017, reflecting a slowdown in the related industries. However, last month data is expected to increase from 51.1 to 51.6 after a sharp decline the previous month, and a strong deviation from expectations will spur volatility of the GBP pairs.
15:00 US Manufacturing ISM in the previous two months has decreased from very high levels (max from 2004), and this trend is expected to develop with a growth from 57.7 to 57.5. The sharper easing can push the USD quotes.
See the detailed Economic calendar here
Central banks prefer to pause. The strengthening of the dollar prevented gold from reaching a…
The crypto market remains volatile; Bitcoin and altcoins fluctuate amid investor caution, ETF activity, and…
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
This website uses cookies