Weekly Digest: August 1st - 5th
And so begins a new month!
Hello dear Hivers & LeoFinancers! Today is August 1st and there is also excitement ahead of us. Let's open up with a brief glimpse at two interesting news:
$HIVE gained +50% of value overnight!
With a fantastic Monthly opening, HIVE comes to be the No.1 in the "Gainers" list within Binance. The list is completed with $NEBL, $WING, $LUNA, $EPX, $FLUX, $FLM, $PUNDIX, $BAR, and $BOND.
It is HIVE Power Up Day!
That is correct. As every first of every month, the #HivePUD is here, and this edition brings LOTS of special prizes (check out the original @traciyork post about it and how to participate here) and surprises (gosh, that rhymes... prizes-surprises... damn, open up space for Moliere here XD)
Jokes aside, our friends at @hivebuzz have started the project #HPUM which translates in Hive Power Up Month and runs all year long! Find out about it here.
For the Spanish speaker community, the beautiful @victoriabsb is upfront a big movement with also great prizes (and a different tag, watch out!) - if you are from the Hispanic community, take a look at her post.
Awesome! I wish HIVE a happy HPUD day, and a lot of success to you all Hivers!
Now for the economic calendar of this upcoming week. Let's go!
Economic Calendar, August 1st - 5th
Monday 1st:
- For today we'll have the manufacturing data (PMI) of many countries.
This info has already been released with USA as the only positive outcome, and France, Germany, and the general Eurozone PMI in a neutral outcome. - Singapore Consumer Price Index
Tuesday 2nd:
- Australia Cash Rate & Interest Rate
Forecast: 1.85%
Previous 1.35% - US Job Openings and Labor Turnover Survey (JOLTS)
Forecast: 10.99M
Previous: 11.25M
Wednesday 3rd:
- Switzerland inflation data & Consumer Price Index (CPI)
Forecast: -0.1%
Previous: 0.5% - Spain Services PMI
Forecast: 52.0
Previous: 54.0 - Italy Services PMI
Forecast: 50.1
Previous: 51.6 - France Final Services PMI
Forecast: 52.1
Previous: 52.1 - German Final Services PMI
Forecast: 49.2
Previous: 49.2 - Eurozone Final Services PMI
Forecast: 50.6
Previous: 50.6 - US Non-Manufacturing PMI (ISM Service PMI)
Forecast: 53.9
Previous: 55.3
Thursday 28th:
- BOE (Bank of England) Official Interest Rate
Forecast: 1.75%
Previous: 1.25% - US Unemployment Claims
Forecast: 250k
Previous: 256k - FOMC Member Mester Speaks
Forecast: -
Previous: -
Friday 29th:
- RBA (Reserve Bank of Australia) Monetary Policy Statement
Forecast: -
Previous: - - Canada Employment Change
Forecast: 18.2k
Previous: -43.2k - Canada Unemployment Rate
Forecast: 5.0%
Previous: 4.9% - US Average Hourly Earnings
Forecast: 0.3%
Previous: 0.3% - US Non-Farm Employment Change
Forecast: 250k
Previous: 372k - US Unemployment Rate
Forecast: 3.6%
Previous: 3.6% - Canada Purchasing Managers' Index (Ivey PMI)
Forecast: 60.3
Previous: 62.2
Leaving out any personal statement or comments, we might easily see that the sentiment is varied and heterogeneous for this week, with many negative forecast, and most likely at the border of a world-wide recession. So good I have my HBD (:
As usual, please trade with caution, let's keep a keen eye for the outcomes of the week, and keep yourself out of the unnecessary trades.
If you want more information on this numbers, what they mean and how to read them, and also real-time feed, head to Forex Factory.
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Posted Using LeoFinance Beta