orbex trading fx forex learning course orbex trading fx forex learning course

Notice

This Post has ended its release period. Please check Orbex's latest information and campaign on Orbex's company introduction page.

Orbex - What's now?

We are no longer promoting Orbex. The information regarding to Orbex on the website 'Hercules.Finance' maybe outdated. ref. Orbex

ECB Monetary Policy meeting

The European central bank will be meeting this week for its monetary policy meeting.

The meeting comes on the back of the September meeting where no changes were made. The ECB is widely expected to maintain the status quo and giving a balanced statement this week.

Inflation continues to whipsaw and officials are likely to maintain a cautious tone as a result.

As with the previous monetary policy meeting, the ECB will be cautioning against the risks of the global trade wars and its effect on growth.

The central bank will also mark the final phase of its bond purchases this month.

Starting from October, the ECB will be purchasing bonds to the tune of only 15 billion euro before ending its bond purchases in December.

Bank of Canada Monetary Policy meeting

The Bank of Canada will be holding its monetary policy meeting this week.

Speculation is high that the Bank of Canada will be hiking interest rates at this week’s meeting. Therefore, Canada’s interest rates are expected to rise to 1.75%.

The hawkish expectations come as the Canadian economy continues to rise strongly indicating its capacity to sustain higher interest rates.

The Canadian dollar is also well supported by the higher crude oil prices.

Earlier last week, the Bank of Canada’s business outlook survey pointed to a robust economic outlook.

US GDP Report

Economic data from the U.S. this week will see the release of the advanced GDP report.

There will also be host of other economic reports coming out. The third quarter GDP is forecast to rise 3.2% on the quarter.

This marks a slower pace of GDP gains compared to 4.2% increase seen in the previous quarter.

Besides the GDP report, other economic reports over the week will cover the durable goods orders and pending home sales report.

Norges Bank Monetary Policy meeting

The Norges bank will be holding its monetary policy meeting this week.

Following the interest rate hike in September, the central bank is expected to hold monetary policy steady this week as it waits for more information from the economy.

Meanwhile, the central bank will be watching the ECB for further clues.

1

XMXM

4.9 rating based on 1,166 ratings
4.9/5 1166
2

DerivDeriv

4.9 rating based on 143 ratings
4.9/5 143
3

LQDFXLQDFX

3.5 rating based on 93 ratings
3.5/5 93
4

FBSFBS

3.6 rating based on 99 ratings
3.6/5 99
5

FXTMFXTM

3.9 rating based on 43 ratings
3.9/5 43
1

PrimeBitPrimeBit

3.9 rating based on 7,130 ratings
3.9/5 7130
2

BinanceBinance

4.3 rating based on 7,662 ratings
4.3/5 7662
3

bybitbybit

4.2 rating based on 3,323 ratings
4.2/5 3323
4

XBTFXXBTFX

1.9 rating based on 4,447 ratings
1.9/5 4447
5

WisebitcoinWisebitcoin

3.3 rating based on 4,701 ratings
3.3/5 4701