December 1
★★★★☆U.S. Core Personal Consumption Expenditure Index (PCE) (MoM) (Oct)
The core PCE index has slightly exceeded expectations in the few months ago, and persistently high inflation keep supporting the Fed’s hawkish argument. It is expected that the annual rate of the US Core PCE in October will be in line with expectations or higher than expected, which will be bullish for the dollar and bearish for gold.
Gold is expected to fluctuate about 10~15
Profit per lot up to $1500
December 1
★★★☆☆U.S. Markit Manufacturing PMI (Final Value) & U.S. ISM Manufacturing PMI (Nov)
The U.S. economy is still in a technical recession, coupled with the PMI indices of European and American countries have fallen below the boom-bust line, and worldwide central banks are still expected to raise interest rates sharply in the future. Hence, the PMI index may continue to be worse than expected, which will be bearish for the dollar and bullish for gold.
Gold is expected to fluctuate about 0~5
Profit per lot up to $500
December 2
★★★★★U.S. Non-Farm Payroll & Unemployment Rate (Nov)
Inflation and economic issues are the most concerned issues in United States. The currently US inflation has begun to peak(hovering around 8%, but hasn’t fallen yet). According to the Phillips Curve Model, inflation is inversely proportional to the unemployment rate. Therefore, when inflation peaks, the unemployment rate of United States may rise slightly, then the non-farm employment population will also decline. Various institutions expect that the U.S. economy may slacken, coupled with the large layoffs of leading stocks, the economic downturn may be unfavorable for non-farm employment, which will be bearish for the dollar and bullish for gold.
Gold is expected to fluctuate about 15~20
Profit per lot up to $2000
December 13
★★★★★U.S. Not Seasonnally Adjusted CPI (MoM) (YoY) & U.S. Not Seasonnally Adjusted Core CPI (YoY) (Nov)
US inflation is currently peaking. Although it hasn’t fallen yet, the annual rate of CPI has been around 8% for several months. It is expected that the annual monthly rate of CPI in November and the annual rate of core CPI in the United States will meet expectations or be lower than expected, which will be bearish for the dollar and bullish for gold.
December 15
★★★★★Federal Reserve FOMC announces interest rate decision and policy statement & Fed Chairman Powell holds monetary policy press conference
Several Fed officials said that the federal funds rate will reach the range of 4.25%-4.50% by the end of this year. A part of the officials said they are firmly committed to reducing inflation, are adjusting policy to a level sufficient to limit economic growth, and have repeatedly indicated that they may not cut the interest rates on next year. Overall, the Fed may not raise interest rates by another 75bps to fight inflation, which will be bearish for the dollar and bullish for gold.
Gold is expected to fluctuate about 15~20
Profit per lot up to $2000
December 15
★★★★☆BOE announces interest rate decision and meeting minutes & BOE Governor Bailey holds monetary policy press conference
United Kingdom’s inflation is still at a historically high level, coupled with factors such as the slowdown in UK economic growth and the change of Prime Minister, the UK political arena and economy are experiencing unprecedented fluctuation. Besides that, UK has begun to sell UK government bonds. It is expected that the BOE’s interest rate decision will meet expectations or exceed expectations, which may cause large fluctuations in the pound and the dollar in the short term, and gold may also experience sharp shocks.
Gold is expected to fluctuate about 10~15
Profit per lot up to $1500
December 15
★★★★☆ECB announces interest rate decision & ECB President Lagarde holds monetary policy press conference
The annual rate of CPI in the Euro Zone is still at a record high. In addition, although the GDP(Q3) of the Euro Zone is in line with expectations, but it has been cut in half if compared to the previous value. ECB may be forced to adopt a tighter monetary policy to suppress inflation under the slowdown in economic growth, which may cause large fluctuations in the Euro and USD in the short term, and gold may also fluctuate sharply.
Gold is expected to fluctuate about 10~15
Profit per lot up to $1500
December 21
★★★☆☆U.S. Conference Board Consumer Confidence Index (Dec)
The US consumer confidence index (both Michigan and the Conference Board) has recently hit a record low record. US consumers’ worries about long-term inflation have put the index in trouble, and the consumer confidence index has shown a downward trend, which will be bearish for the dollar and bullish for gold.
Gold is expected to fluctuate about 5~10
Profit per lot up to $1000
Contents
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4. Click “Quote”, select the product you want to trade, then click “Trade”. After the quotation page is displayed, you can click “Sell” or “Buy” to trade the index according to the trends.
5 Advantages of Foreign Exchange Trading
1. Leverage system
Investing a small amount of money will bring greater benefits, but may also bring greater risk of loss.
2. Low transaction costs
There are basically no handling fees, government taxes, etc.
3. Two-way transaction
Whether you are buying first and then selling in a bullish trend, or selling first and then buying in a bearish trend, you can get profit.
4. 24 hours trading
It is available in 24 Hours, investors can trade according to their own time.
5. High liquidity
In the foreign exchange market, investors could exchange foreign currency at any time, even complete their transactions in a short time.
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