Contact

Market Update – Daily Wrap Forex Shares, Tonight’s Key news, Chart Breakdown Gold US30 USDCAD

jeffriess
October 30, 2019
by Joseph Jeffriess, Market Analyst

Article Recap

High-impact economic news:

• 11:15 pm ADP Non-Farm Employment Change – 11:30 pm US Advance GDP
• 1:00 am BOC Monetary Policy Report – BOC Rate Statement – Overnight Rate EXP Hold 1.75% – 2:15 am BOC Press Conference
• 5:00 am FOMC Statement – Federal Funds Rate EXP drop to 1.75% 5:30 am FOMC Press Conference

Hi traders, today’s video we run over today’s Asian session, tonight’s key news inc the FOMC and BOC rate decisions. The Fed is expected to cut rates to 1.75% tomorrow morning, what will be said in the statement will the cuts continue? How will their stance effect stock indexes, gold and the USD? We do a breakdown of the daily US30, Gold and USDCAD charts.

All times are AEST.