This new week of January is unlikely to be eventful:
the market has just got a whole load of news and is busy analyzing it. Oil is pricey,
the risk seems appealing, and
the nearest future does not look complicated <a name=\'more\'></a> .
USD is using
the circumstances
The conditions are favorable for
the USD, which gives it a chance to go on growing. Statistics will be scarce but make sure to check
the inflation details for December: positive dynamics here will support
the general cheer.
EUR: time for correction
EUR: time for correction
In January,
the EUR renewed
the highs and is now correcting successfully. This week,
the head of
the ECB Christine Lagarde will hold an online conference on
the current economic situation, and any positive remarks might stabilize
the EUR.
China: all sorts of statistics
China: all sorts of statistics
Any favorable Chinese statistics that are being prepared for publication this week might support
the good mood in
the capital market. China is getting ready to become
the locomotive of economic growth, which is not bad for
the bulls.
GBP might go on falling
GBP might go on falling
The beginning of
the year was exuberant for
the GBP, and now it is obviously correcting. The statistics of industrial production might give a fundamental base for
the decline, and if so,
the GBP might renew
the lows of this year.
Brent: time to get cheaper
Brent: time to get cheaper
The decisions of OPEC+ at
the beginning of
the year supported Brent a lot and pushed its price to
the highs of
the previous 11 months. However,
the demand remains feeble, which might cost Brent 2-4% p34 barrel.
Previous article
Here’s
the rating of
the most interesting events of 2021! We’ve chosen
the top-3 events of
the first half of January we consider
the most important:
the new record of
the BTC price,
the new richest person in
the world,
the growth of
the oil price.
Next article
On December 3rd, 2020,
the world’s largest retailer of goods for pets, Petco Health and Wellness, filed for an IPO at Nasdaq. The company will be listed under a “WOOF” ticker. Let’s talk about
the secret of
the success of Petco Health and Wellness.