FXPRIMUS Weekly is your comprehensive technical and fundamental trading guide for the coming week! Access the latest news and in-depth technical indicator data, delivered by out market experts each and every week!
With a new week comes new market opportunities. Here’s a recap of what you may have missed, as well as some highlights of the week ahead of us:
Catching you up on last week:
•Apple became the first American company to hit a $2 trillion market capitalization
•Some mixed US data; Building Permits and Existing Home Sales beat forecasts, while Jobless Claims came in above 1.1 million after last week’s 971k
•S&P500 hit a new record high in its fourth consecutive week of gains, marking the longest winning streak for the index this year
This week, keep an eye on:
•On the Eurozone front, Germany’s GDP and Ifo Index are up early in the week
•Will Pending and New Home Sales show the same momentum as last week’s data?
•Apple and Tesla stocks split after this trading week; after both companies hit new highs last week, we’re watching these closely
What else is happening in the news… 🔎
Each week, we take a closer look at the markets that move, and those you may have missed!
Trump supports Oracle’s interest in bidding on TikTok’s US business. Read more here.
Take a deeper look into Apple’s new record and its impact on the market. Read more here.
Ever wish there was a dating app for fellow Tesla aficionados? There will be soon. Read more here.
Looking at 20 strategists’ predictions on how the election will play out, and what the effect will be on stocks. Read more here.
Save The Date(s)
Here are the reports, meetings and other fundamentals to follow this week
|August 25th||06:00||German GDP (QoQ)||EUR|
|August 25th||08:00||Ifo Business Climate Index||EUR|
|August 25th||14:00||New Home Sales (Jul)||USD|
|August 26th||14:30||Crude Oil Inventories||USD|
|August 27th||12:30||GDP (QoQ)||USD|
|August 27th||14:00||Pending Home Sales (MoM)||USD|
|August 27th||12:30||GDP (MoM)||CAD|
*The above times are in GMT
Any opinions, news, research, analyses, prices or other information contained here are provided as general market commentary and do not constitute investment advice. FXPRIMUS does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.