FXOpen: Financial Market Weekly Digest

 [] [FXOpen]( Any questions? [Email us](mailto:support@fxopen.co.uk?subject=) [Financial Market News] We bring you our weekly newsletter with the hottest financial market updates. We hope this information will help you think through the most effective trading strategies possible and make informed and balanced decisions. FXOpen's top earnings reports to watch this Thursday and Friday: - FedEx (NYSE:FDX, $285.32) - Nike (NKE, $128.41) - Accenture (ACN, $2.24) - BlackBerry (BB, -$0.06) - CarMax (KMX, $1.63) - Paychex (PA, $0.67) [ Thursday, June 24 Germany: Ifo to release its report on Business Climate Forecast: 100.6 (previous: 99.2) The Ifo Institute for Economic Research is a Munich-based research institution. Its survey is highly respected thanks to its large sample size and correlation with German and wider Eurozone economic conditions. The report has the potential to impact the market upon release and is regarded as one of the leading indicators of economic health. If “actual” is greater than “forecast,” it is good for currency. UK: BoE to release its Interest Rate Decision Forecast: 0.1% (previous: 0.1%) The country’s benchmark interest rate is set by the Monetary Policy Committee. The report contains the outcome of their vote on interest rates and other policy measures, as well as their commentary on the economic conditions that influenced their votes. The report discusses the economic outlook and offers some clues about the future. US: to release reports on Durable Goods Orders MoM and GDP Growth Rate QoQ Final (Q1) DGO Forecast: 2.8% (previous:-1.3%) The DGO report refers to new orders placed with manufacturers for delivery of hard goods which are meant to last at least three years. It is considered a leading indicator of production. A rise here would signal that manufacturers will increase activity as they work to fill the orders. GDP Growth Rate Forecast: 6.4% (previous: 4.3%) It's the broadest measure of economic activity and the primary detector of the economy's health. [Trade now]( Friday, June 25 Germany: to release a report on GfK Consumer Confidence Forecast: -4 (previous: -7) The GfK Consumer Climate Indicator is based on a survey of several thousand individuals aged 14+. The questionnaire focuses on income expectations, buying propensity and savings. Financial confidence is a leading indicator of consumer spending, which, in turn, accounts for a majority of overall economic activity US: to release the report on Core PCE Price Index YoY Forecast: 3.4% (previous: 3.1%) The Index weighs the prices paid by people for domestic purchases of goods and services, excluding the prices of food and energy. Is rumoured to be the Fed's preferred inflation measure. [Deposit now]( Best of luck with your trading, The FXOpen UK Team [Human score](  [Trustpilot Stars](  [number of reviews](  [Trustpilot Logo]( [( [Facebook]( [Twitter](    RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk. Copyright © 2021 FXOpen UK, All rights reserved. Our mailing address is: FXOpen UK, 80 Coleman Street, London, EC2R 5BJ Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe from this list](. Authorised and regulated by the Financial Conduct Authority under Firm Reference Number: 579202 Registered in England and Wales under Company Number: 07273392. Registered Office: 2nd Floor Waverley House, 7-12 Noel Street, London, United Kingdom, W1F 8GQ. This e-mail message is confidential and for use by the addressee only. If the message is received by anyone other than the addressee, please return the message to the sender by replying to it and then delete the message from your computer. Internet e-mails are not secure. FXOpen Ltd do not accept responsibility for changes made to this message after it was sent. Whilst all reasonable care has been taken to avoid the transmission of viruses, it is the responsibility of the recipient to ensure that the onward transmission, opening or use of this message and any attachments will not adversely affect its systems or data. No responsibility is accepted by FXOpen Ltd in this regard and the recipient should carry out such virus and other checks as it considers appropriate.  This email was sent to {EMAIL} [why did I get this?]( [unsubscribe from this list]( [update subscription preferences]( FXOpen UK · 80 Coleman Street · London, EC2R 5BJ · United Kingdom