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Market review 25 June 2020

Jun 25, 2020 (08:31)

by Constantinos Loizou

In the Economic calendar of today we can expect some volatility in EUR and USD
At 11:30 (GMT) European Central Bank will have the Monetary Policy Meeting
The Monetary Policy Meeting contains an overview of financial market, economic and monetary developments.
At 12:30 (GMT) the US Department of Labor will release their Initial Jobless Claims
The above is a measure of the number of people filing first-time claims for state unemployment insurance
The result is forecasted to decrease to 1300K considering the last month that was at 1508K
At 12:30 (GMT) the US Bureau of Economic Analysis will release their Gross Domestic Product
The above number shows the monetary value of all the goods, services and structures produced within a country in a given period of time.
The result is forecasted to remain the same as the previous month that was at -5%

The original content of this Market Update is done in the English language. Any other language translation is provided for the sake of convenience. In case of any inconsistencies between the original English version and any other language, the original English version shall prevail.

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