Analysts at TD Securities suggest that for the commodities market, while this week’s economic calendar is lighter than usual, market observers will be keeping an eye on a few key data points, with the Q1 advance GDP reading and durable goods reports as the macroeconomic highlights. Key Quotes “The German IFO data will likely also be of note.” “Apart from the muted macroeconomic calendar, this week will likely be monumental for earnings season. As the equities’ melt-up rhetoric continues to grow, undermining allocations to gold, positive earnings will be likely be a key factor watched in the equities space, particularly with the technology giants due to report.” “In energy markets, apart from the weekly DOE report, participants will be deciphering the implications of the US Administration’s hard-line policy on Iran. As noted above, we suspect that Saudi and other regional allies will ultimately fill the gap, but see risks of a temporal dislocation that could shoot oil prices higher.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Saudi Arabia welcomes US move to end all Iran sanction waivers – Reuters FX Street 4 years Analysts at TD Securities suggest that for the commodities market, while this week's economic calendar is lighter than usual, market observers will be keeping an eye on a few key data points, with the Q1 advance GDP reading and durable goods reports as the macroeconomic highlights. Key Quotes "The German IFO data will likely also be of note." "Apart from the muted macroeconomic calendar, this week will likely be monumental for earnings season. As the equities' melt-up rhetoric continues to grow, undermining allocations to gold, positive earnings will be likely be a key factor watched in the equities space, particularly… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
