July 25: Digest review

The ECB meeting today is the key event of the week. The EUR is under pressure.

Economic News
2019年7月25日

Today is the most important day of the week. At the same time, the first half of the day will be the most active. The focus of investors is the ECB meeting, which is expected to confirm the ECB's plans to soften the monetary policy and take measures to stimulate the economy. Consequently, the euro will be under pressure and may fall against major currencies, given also the rapid decrease in business activity in key EU countries.

The afternoon is expected to be quieter. Data on basic orders for durable goods can be expected from the US, as well as the data on the number of applications for unemployment benefits. At the moment, investors are paying a lot of attention to all news on the US economy, because in less than a week the FED is expected to meet. The interest rate is likely to be decreased at that meeting. At the same time, the demand for risky assets is growing, taking into account the stimulation of the economy and the expectations of investors about the beginning of the next round of negotiations between the US and China.

Stanislav Litinskyi

Economic News

ECB Rate Decision Awaited

Today the ECB may announce a rate cut or another round of stimulus measures.

Anna Sneider
2019年7月25日

Economic News

GBP/CHF: Fundamental Review and Forecast

The GBP continues to be under pressure as the UK Prime Minister has been chosen according to investors' fears.

Stanislav Litinskyi
2019年7月24日

Economic News

Market Overview, July 24

Today there are many economic reports being published, though the overall sentiment is grim.

Anna Sneider
2019年7月24日