Market news
23.02.2021 23:59
Fed's Chair Powell: I don't think uptick in inflation that's coming in the months ahead will be large or persistent
- We expect inflation to temporarily move up on base effects
- Over time growth of balance sheet will slow but asset purchases will continue until substantial further prioress is seen
- If we get unwanted inflation, we have the tools to deal with it
- Doesn't see how a burst in fiscal support or spending would lead to high inflation
- Inflation dynamics do not change on a dime
- Does not seem likely that increase in spending would lead to large or persistent inflation
- Won't take a position in minimum wage debate
24.02.2021 01:01
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Market focus
- U.S. consumer spending rises 2.4 percent in January, income surges 10 percent
- BoE's chief economist Haldane: We might see higher and more sustained rise in UK inflation than expected
- U.S. consumer sentiment slightly better than initially estimated in February
- Key events for next week: Eurozone, Britain, China and US PMI indices, RBA interest rate decision, Canada, Australia and Japan GDP, Eurozone and US unemployment rate, Canada and US trade balance
Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.
| Session | Financial Centres | UTC/GMT OpenClose |
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|---|---|---|---|---|---|---|---|
| Pacific | Wellington | 19:00 | 04:00 | 22:00 | 07:00 | 22:00 | 07:00 |
| Session | Financial Centres | UTC/GMT OpenClose |
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| Pacific | Sydney | 21:00 | 06:00 | 00:00 | 09:00 | 00:00 | 09:00 |
| Session | Financial Centres | UTC/GMT OpenClose |
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| Asian | Tokyo | 23:00 | 08:00 | 02:00 | 11:00 | 02:00 | 11:00 |
| Session | Financial Centres | UTC/GMT OpenClose |
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| Asian | Hong Kong, Singapore | 00:00 | 09:00 | 03:00 | 12:00 | 03:00 | 12:00 |
| Session | Financial Centres | UTC/GMT OpenClose |
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| European | 06:00 | 15:00 | 09:00 | 18:00 | 9:00 | 18:00 | |
| Session | Financial Centres | UTC/GMT OpenClose |
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| European | London | 07:00 | 16:00 | 10:00 | 19:00 | 10:00 | 19:00 |
| Session | Financial Centres | UTC/GMT OpenClose |
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| American | New York | 12:00 | 21:00 | 15:00 | 00:00 | 15:00 | 00:00 |
| Session | Financial Centres | UTC/GMT OpenClose |
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| American | Chicago | 13:00 | 22:00 | 16:00 | 01:00 | 16:00 | 01:00 |
