The third week of January will become
the time of
Central banks, while
the USA will see
the inauguration of Joe Biden,
the president elected. These events will be enveloped in news, so investors will not have time
for boredom <a name=\'more\'></a> .
It’s
Central Banks time:
the rates will remain
the same
It’s
Central Banks time:
the rates will remain
the same
The new week will be
the first one this year when
Central banks will have conferences. Rates will be revised in Brazil. China, Canada, Turkey, India, Japan, Ukraine. There are unlikely to be any changes, which is a neutral signal
for the financial market.
USD: Joe Biden. Officially
USD: Joe Biden. Officially
The key event of
the week if
the inauguration of Joe Biden,
the elected president of
the USA. Things must be calm,
and the USD will remain strong because Biden is interested in full-scale stimulation of
the economy
and its results as no one else.
EUR: statistics
and the lockdown
EUR: statistics
and the lockdown
This week,
the ECB will have another conference, keeping
the interest rate at zero, while
the market will be assessing
the comments of monetary authorities
and the statistics. For now, facts support
the further decline of
the EUR.
Brent: time
for correction
and the IEA forecasts
Brent: time
for correction
and the IEA forecasts
Crude oil is yet unable of a full-scale correction but
the whole fundamental base is supporting it. This week,
the IEA publishes its monthly overview of
the oil market, which might give signs of
the demand
for energy carriers remaining feeble, which might drag
the prices deeper down.
China: statistics will show
the way
China: statistics will show
the way
China publishes a block of important statistics this week; as long as this year it has become an unofficial “locomotive” of
the economic recovery,
the statistics will get a lot of attention. Strong statistics will help risky assets grow.
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In this overview, we will discuss an indicator strategy known as
the Puria method. Regardless of such a mysterious name, this is quite a simple
and understandable strategy based on signals from four standard indicators.
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The US dropped Xiaomi’s stocks by 10%. The corporation got on
the blacklist of companies that, according to
the US government, belong to or work with
the Chinese military.
