The Markets Today

A quick view on events that may affect your trades on October 2, 2017.

Economic News
02 Okt 2017
The Markets Today

This week is shaping up to be quite busy for our traders from the very onset. Here is a quick list of things that may prove important in your trading decisions today.

In terms of the euro, bear in mind that there was a referendum in Spain, where Catalan citizens voted for their independence with a 90% in favor result. However, the independence vote is not recognized by Spain (the state has continuously maintained that Catalonia will remain a part of Spain) and there were violent clashes. Catalonia is expected to announce its independence despite Spain’s opposition in the next few days. This conflict has dragged the euro 0.8% against the dollar and has made investors turn away from any Spanish stocks.

In the meantime, the American dollar is rising together with treasury yields due to a strong expectation of an interest rate increase this December. The dollar index climbed to 93.45, and bond deals were up.

Trump is also giving an important speech today regarding regulation on businesses. He is expected to speak at 3 pm (GMT). This may cause some volatility in USD pairs.

SuperForex
Weekly Overview

Economic News

Weekly Overview

The dollar is stabilizing.

SuperForex
02 Okt 2017
US Dollar Stops Growth

Economic News

US Dollar Stops Growth

After a great week for the USD, the price seems to have consolidated.

SuperForex
28 Sep 2017
Investors Are Optimistic

Economic News

Investors Are Optimistic

The Bank of England's conference is to be held today.

SuperForex
28 Sep 2017