- Futures point to lower opening of today's session in Europe
- China cut annual and 5-year lending rates
- Fed bankers' speeches in the background
We are beginning a new week of trading on international financial markets. As a reminder, Friday's session saw sizable rallies in precious metals (gold and silver), which knocked out their historic or multi-year peaks. Moreover, Bitcoin broke out above $67,000, paving the way for a retest of psychologically important resistance near $70,000. On both classes of instruments, the observed movements are extended today.
We are beginning a new week of trading on international financial markets. As a reminder, Friday's session saw sizable rallies in precious metals (gold and silver), which knocked out their historic or multi-year peaks. Moreover, Bitcoin broke out above $67,000, paving the way for a retest of psychologically important resistance near $70,000. On both classes of instruments, the observed movements are extended today.
Detailed calendar of the day:
After-session - SAP results for Q3
09:00 BST - Poland, labor market data for September.
- Wages. Forecast: 11.1% y/y. Earlier: 11.1% y/y.
- Change in employment. Forecast: -0.5% y/y. Previously: -0.5% y/y
13:55 BST - Speech by FED Logan
18:00 BST - Speech by FED Kashakri
Eurozone Manufacturing Shows Slightly Better Final PMI Data 💡
📉 NATGAS falls 1.2%. What about winter?
Economic Calendar - Global series of manufacturing PMI indicators and a marathon of central bankers' speeches
Morning Wrap: Tech Rally in Asia Following Micron Results and Weakening Yen Despite Hawkish BoJ