Meshbeb
Gold | Ready for a big surge or a big drop? 📈📉
The S&P Global PMIs and Jerome Powell's speech, market drivers post-Thursday
On Friday, the initial estimates of the S&P Global PMIs will attract investors' attention. Forecasts suggest a contraction in both manufacturing and services sectors in March. If the results exceed expectations, it could provide some support for the dollar index.
Jerome Powell, the Federal Reserve Chair, will be scrutinized on Friday, with not much time gap from Thursday's meeting. There is a slight possibility that Powell's positions on Friday may differ significantly
The S&P Global PMIs and Jerome Powell's speech, market drivers post-Thursday
On Friday, the initial estimates of the S&P Global PMIs will attract investors' attention. Forecasts suggest a contraction in both manufacturing and services sectors in March. If the results exceed expectations, it could provide some support for the dollar index.
Jerome Powell, the Federal Reserve Chair, will be scrutinized on Friday, with not much time gap from Thursday's meeting. There is a slight possibility that Powell's positions on Friday may differ significantly
DOT12,13%