Slowly but surely, business activity indicators in the world are growing. #Covid19 pandemic has long reached a plateau and is in decline. The OPEC+ ministers are discussing the possibility of holding negotiations scheduled for June 9-10, 2020 almost a week earlier on June 4.
And yet, there are political factors that could trigger a new wave of dollar appreciation:
On Friday, May 29, US President Donald Trump announced a series of sanctions against China; Mass riots across America will force investors to temporarily go cache. This week's drivers may not work due to a more powerful impulse from America. Nonetheless:
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Weekly calendar:
06/01/2020, Monday
- Updated PMI in the USA for May;
- Updated PMI in the UK for May;
- Updated PMI in the EU for May.
06/02/2020, Tuesday
- Reserve Bank of Australia Rate (RBA).
06/03/2020, Wednesday
- Bank of Canada rate;
- US Crude Oil Reserves.
06/04/2020, Thursday
- ECB rates, forecast - unchanged; Lagarde press conference.
06/05/2020, Friday
- #NonFarmPayroll US Labor Market Data Block for May;
- Canada #unemployment in May.
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Trade with the Fibo Group!
And yet, there are political factors that could trigger a new wave of dollar appreciation:
On Friday, May 29, US President Donald Trump announced a series of sanctions against China; Mass riots across America will force investors to temporarily go cache. This week's drivers may not work due to a more powerful impulse from America. Nonetheless:
=======
Weekly calendar:
06/01/2020, Monday
- Updated PMI in the USA for May;
- Updated PMI in the UK for May;
- Updated PMI in the EU for May.
06/02/2020, Tuesday
- Reserve Bank of Australia Rate (RBA).
06/03/2020, Wednesday
- Bank of Canada rate;
- US Crude Oil Reserves.
06/04/2020, Thursday
- ECB rates, forecast - unchanged; Lagarde press conference.
06/05/2020, Friday
- #NonFarmPayroll US Labor Market Data Block for May;
- Canada #unemployment in May.
=========
Trade with the Fibo Group!