By - Jamel Lahiani
Last week, The US stocks declines followed by the majority of stocks market explained by investors’ worries about the news of an impeachment inquiry into US President Donald Trump. The crude oil WTI and the Gold prices decrease. However, the EURUSD finish the week by appreciating against the EURO and GBP.
MARKET IN FOCUS THIS WEEK
Monday, Sep 30, 2019
HICP is an index of consumer prices calculated and published by Destatis, the Statistical Office of the European Union, on the basis of a statistical methodology that has been harmonized across all EU member states.
Tuesday, Oct 01, 2019
RBA Interest Rate Decision is announced by the Reserve Bank of Australia. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD.
Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.
Thursday, Oct 03, 2019
The trade balance released by the Australian Bureau of Statistics is the difference in the value of its imports and exports of Australian goods. Export data can give an important reflection of Australian growth, while imports provide an indication of domestic demand.
Wednesday, Oct 02, 2019
The Employment Change released by the Automatic Data Processing, Inc, is a measure of the change in the number of employed people in the US.
Friday, Oct 04, 2019
The nonfarm payrolls released by the US Department of Labor presents the number of new jobs created during the previous month, in all non-agricultural business. The monthly changes in payrolls can be extremely volatile, due to its high relation with economic policy decisions made by the Central Bank.
Foreign Equities: weekly variations
Last week, The US stocks falls: the Dow Jones (US) records -0,43% and the NASDAQ records -2,19% explained by investors’ worries about the news of an impeachment inquiry into US President Donald Trump. This leads a decline at the majority of stocks markets.
Commodities: weekly variations
Last week, the petrol WTI price decreases by -3,79% to reaches 55,9$. The Gold and Silver decreases respectively by -0,99% and -2,22%. On the opposite side, the Zinc has a positive variation by 1,64%.
Currencies: weekly variations
Last week, the US dollar price was appreciated face to the South Africa ZAR, the British Pound and the Euro with a percent variation respectively of 1.34%, 1.49%, and 0.7% despite the investors’ worries about the news of an impeachment inquiry into US President Donald Trump and the stocks markets declines.
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