Orbex - Forex Trading Library

The equity markets were on a volatile ride on Thursday. A day after equities fell following the Fed rate cut, the markets recovered mid-day. This came following a weak patch of economic reports from the US. Markets rallied on hopes that the…
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The much-awaited monthly payrolls data will be coming out today. Forecasts point to payrolls rising at a slower pace this month. Economists polled expect that nonfarm payrolls will rise 160k in July. This marks a slower pace of increase…
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Overnight we will get the last bit of market-moving data ahead of the RBA interest rate decision next week. Since the central bank holding steady is not a foregone conclusion in this environment, traders will be looking closely to see how…
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The Federal Reserve Bank cut interest rates for the first time in more than a decade. The Fed funds rates were lowered to 2.0%-2.25% on Wednesday. Fed Chair Jerome Powell cautioned that the rate cut was not the start of an easing bias, but…
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The Institute of Supply Management will be releasing the closely watched leading indicator covering manufacturing activity. According to the economists polled, the median expectations point to a modest increase to 52.7 in July. This…
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The Bank of England is the last of the major central banks to have their monetary policy meeting. Despite being the most important event on the British economic calendar this week, we aren't expecting a major change in terms of monetary…
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The Federal Reserve’s FOMC will be concluding its two-day monetary policy meeting today. Investors are bracing for a quarter basis point rate cut at today’s meeting. Besides the FOMC decision today, US and China trade talks have resumed.…
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