Europe, Chinies, Oil market News and Economic calendar

👋 Hello traders! How are you? Let’s discuss the most exciting news for the beginning of the week.

Europe, Chinies, Oil market News and Economic calendar

Euro, Australia, China, and Oil Market News

and Economic Calendar:

📰 News to keep you updated:

🇨🇳 Chinese President Xi Jinping begins his European tour in Paris. He aims to reset ties with France and visit Serbia and Hungary. HK50 is up 0.58% today.

🇪🇺 The Euro zone’s economy, currently at a turning point, is awaiting a surge in consumer spending, encouraged by rising wages, easing inflation, and potential ECB interest rate cuts.

🇦🇺 Australia’s central bank is expected to maintain its key interest rate at a 12-year high amid strong job market conditions to address ongoing inflation concerns.

🥇 Gold prices rose as a weaker dollar, and expectations of Federal Reserve rate cuts following disappointing US payroll data boosted the metal’s appeal.

📈 Oil prices increased as tensions in Gaza escalated and Saudi Arabia raised its crude prices, with slim prospects for a ceasefire impacting the central oil-producing region.

🔥 Warren Buffett reduced his stake in Apple by 13% in the first quarter, selling 115 million shares for $790 million while increasing his cash holdings to $189 billion.

📆 Economic calendar

The time zone is GMT+3. Check your time zone here:

1️⃣ CHF 15:25, SNB Chairman Jordan Speaks

1️⃣ AUD 07:30, Cash Rate
2️⃣ AUD 07:30, RBA Monetary Policy Statement
3️⃣ AUD 07:30, RBA Rate Statement

1️⃣ USD 20:01, 10-y Bond Auction

1️⃣ GBP 14:00, BOE Monetary Policy Report
2️⃣ GBP 14:00, Official Bank Rate
3️⃣ GBP 14:30, BOE Gov Bailey Speaks
4️⃣ USD 15:30, Unemployment Claims
5️⃣ USD 20:01, 30-y Bond Auction

1️⃣ GBP 9:00, GDP m/m
2️⃣ CAD 15:30, Employment Change
3️⃣ CAD 15:30, Unemployment Rate
4️⃣ USD 17:00, Prelim UoM Consumer Sentiment

Scroll to Top