Wednesday Trading Event of the Day

Stocks in London closed in the red on Tuesday after another day of poor economic data from across the globe.

The pound and euro hit historic lows against the dollar on Tuesday as risk sentiment took a hit. Poor US private sector data weighed on the greenback in afternoon dealings.

Nerves will linger ahead of the key Jackson Hole meeting of central bankers, as investors wait for US Federal Reserve Chair Jerome Powell to offer some insight on future US monetary policy.

The meeting begins on Thursday, with Powell’s speech due on Friday.

The event of the day today is from the US and it is the Durable Goods Orders m/m at 15.30 GMT+3.

Have your trading charts ready!

For more information – https://errante.eu/economic-calendar/

If you have any questions or require any assistance, please contact one of our support team members via our Live Chat or email [email protected].

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Errante is the trading name used by Notely Trading Ltd, an Investment Firm authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) under license number [383/20]. Errante is governed by the Markets of Financial Instruments Directive (MiFID II) of the European Union.

To find out more about Errante, visit https://errante.eu.

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