Despite the Fed confirming a 75bps rate hike, the USD has weakened. Viewed as a dovish hike there has been a sigh of relief for broad market sentiment, fuelling gains for risk assets. US Advance GDP will now be eyed as the next risk event.
With US Consumer Confidence and Eurozone inflation due this week, there is still much to keep traders on their toes.
You can’t move for tier-one data for major economies this week. Manufacturing and services PMIs, Eurozone inflation, the Fed, BoE and RBA rates decisions all come before the week is rounded off by Nonfarm Payrolls.
You may also be interested in
Level up your trading activity -- discover the INFINOX experience today.
Research & Insights
Our research will arm you with everything that you need to know to make the most of your financial trading opportunities.
Apply online to complete your registration and verification.
Make your first deposit to start placing orders.
Your INFINOX account is all set up!