News Formal

Market Volatility Continues as Key Central Bank Figures Speak

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 18 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 72%

Economy News

FOREX MARKETS,US DOLLAR INDEX,CENTRAL BANK SPEECHES

Foreign exchange markets are experiencing choppy conditions as investors await speeches from central bank leaders and key economic data releases. This includes remarks from the Bank of England, European Central Bank, and Federal Reserve officials, alongside the ADP Employment Change and ISM Services PMI reports. The US Dollar has seen minor declines, with the USD Index fluctuating below 106.50, while US stock index futures are trading positively.

Here is what you need to know on Wednesday, December 4: The action in foreign exchange markets remain choppy early Wednesday as investors refrainfrom taking large positions ahead of key events. Bank of England Governor Andrew Bailey, European Central Bank President Christine Lagarde and Federal Reserve Chairman Jerome Powell will be delivering speeches later in the day. The US economic calendar will feature ADP Employment Change and ISM Services PMI data for November.

6450. After closing the second consecutive day virtually unchanged on Tuesday, USD/JPY gains traction and trades in positive territory above 150.00 early Wednesday. Gold failed to make a decisive move in either direction and closed virtually unchanged on Tuesday. XAU/USD extends its sideways grind below $2,650 in the European morning on Wednesday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ServiceNow Receives Positive Rating Amid Market VolatilityDespite market volatility, analysts recommend ServiceNow for its robust financials, reliable business model, and innovative products. Moskowitz increased the price target to $1,070 from $980, citing the company's strong outlook and the potential of its Workflow Data Fabric product.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Binance OI Hits Record $8.3B: Here’s What It Means for Market VolatilityCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

5 Ways to Prepare Your Portfolio for Volatility Amid Election Day Market JittersStocks Analysis by Lance Roberts covering: S&P 500, Dow Jones Industrial Average, Dow Jones Futures, United States 10-Year. Read Lance Roberts's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Stocks to buy once election results are clear and volatility eases, according to Bank of AmericaBank of America screened for several lower-quality stocks inversely correlated to the VIX that could see a pop in their share price.
Source: CNBC - 🏆 12. / 72 Read more »