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:
•Exxon Mobil ended a 92-year streak on the DJIA after being replaced by Salesforce
•EIA reports helped both crude oil and natural gas along as crude inventories continue to fall, and natural gas closed at its highest level since November after US domestic supplies were up
•Both Visa and Mastercard reached all-time highs last week
This week, keep an eye on:
•Both Apple and Tesla stock will split on Monday — will other tech companies follow?
•Out of Australia, we start off with the RBA’s Interest Rate Decision Tuesday, followed by their Rate Statement, and move to GDP and Retail Sales later in the week
•Nonfarm Payrolls wrap up our week, which means we’re watching the ADP data Wednesday to gauge the number of new jobs
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!
Mega-investor Warren Buffett turned 90 on Sunday — Benzinga shares a highlight of each decade of his life. Read more here.
TikTok’s takeover is being held up with even more stipulations, this time involving the Chinese government. Read more here.
CNN looks at what cruises are like post-pandemic. Read more here.
A former Fed official warns that the US is in need of more stimulus to avoid a double-dip recession. Read more here.
Save The Date(s)
Here are the reports, meetings and other fundamentals to follow this week
|September 1st||04:30||RBA Rate Decision||AUD|
|September 1st||07:55||German Unemployment Change||EUR|
|September 1st||08:30||Manufacturing PMI||GBP|
|September 2nd||12:15||ADP Employment Change||USD|
|September 2nd||14:30||Crude Oil Inventories||USD|
|September 3rd||12:30||Initial Jobless Claims||USD|
|September 3rd||14:00||BoE Governor speaks||GBP|
|September 4th||12:30||Nonfarm Payrolls||USD|
*The above times are in GMT
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