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TWO MAIN EVENTS OF WEEK: ECB DECISION AND NONFARM PAYROLLS
On Thursday, June 4 the ECB Interest Rate Decision and on Friday, June 5 May Nonfarm Payrolls are to be released.
The main Bank's goal is to support the national currency and stimulate economic growth. NFP shows changes in the number of people employed in the USA non-farm sector. The total number of employed in this sector is about 80% of workers producing the USA GDP.
FreshForex analyst tells what to expect from these meetings.
"The ECB will indicate the necessity to increase the repurchase of assets. Traders are waiting for the expansion of the incentive program by 650 billion euros. This is good news for stock indices. On Thursday, consider buying #DAX30, #CAC40, #SP500, #DJI30"
"The United States is gradually lifting quarantine restrictions, which will have a positive effect on the labor market. On Friday, consider buying #SP500, #DJI30, #MasterCard, #DAX30"
Prepare for volatility with Deposit bonus 200%!
3 STOCKS YOU SHOULD PAY ATTENTION DURING CORONAVIRUS MARKET VOLATILITY
What instruments can breakout the current volatility? Stocks!
Join the webinar on June 3 at 12:00 GMT we’re going to look at three stocks that are approaching a point of breakout during the current coronavirus pandemic.
This webinar is suitable for everyone.
You may ask FreshForex analyst any questions about market situation or discuss the latest analytical news on the webinars.
You can also see all the previous webinars.
Join the webinar and start trading more effective with FreshForex!
WITH NO SWAPS ON METALS BEFORE END OF JUNE
The cancel of metal swaps has noticeably cheered up the activity of our clients, that's why we extended the promotion for another month!
Continue to trade gold and silver until June 30, and we cover your costs of transferring positions to the next day again.
Get a reward for trading with 120% on margin and trade on web trading platform.
Make the first summer month profitable!
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