Market Analysis

This morning the calendar is concerned with Eurozone Flash CPI readings which are expected to fall to 0.1% from 0.3%. In the afternoon, Canadian GDP is expected to fall to -9.0% from 0.0%. US Personal Spending is forecast to fall to -12.6% from -7.5%. After that, Chicago PMI is forecast to rise to 40.1 from 35.4. FED Chair Powell is due to participate in a virtual panel discussion at Princeton University's Griswold Center for Economic Policy Studies, in New Jersey. US President is also expected to hold a press conference about China, in Washington DC today. ...Read More

Expert trader Ian Coleman provides us with a daily minute-long insight into some of the world’s most popular markets. ...Read More

The calendar for today will see MPC Member Saunders speak about COVID-19 and monetary policy at the Bank of England's webinar, via satellite this morning. In the afternoon US Preliminary GDP is expected to remain at -4.8%. Unemployment Claims are expected to fall to 2.1M from 2.438M. ...Read More