๐ฎ ๐ฎ
๐ Market-Moving News ๐:
๐ช๐บ๐ถ ECB Interest Rate Decision ๐ถ: The European Central Bank is expected to announce a 25 basis point reduction in its deposit rate, bringing it to 2.5%. This move aims to stimulate economic growth amid ongoing uncertainties, including trade tensions and fiscal policy shifts.โ
๐ Key Data Releases ๐:
๐ Thursday, March 6:
๐ Initial Jobless Claims (8:30 AM ET) ๐:This weekly report indicates the number of individuals filing for unemployment benefits for the first time, providing insight into the labor market's health.
Forecast: 220K
Previous: 215Kโ
๐ฆ Factory Orders (10:00 AM ET) ๐ฆ:This report details the dollar level of new orders for both durable and non-durable goods, offering insight into manufacturing demand.
Forecast: -0.5%โ
Previous: +1.2%โ
โ ๏ธ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.โ ๏ธโ
๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
๐ Market-Moving News ๐:
๐ช๐บ๐ถ ECB Interest Rate Decision ๐ถ: The European Central Bank is expected to announce a 25 basis point reduction in its deposit rate, bringing it to 2.5%. This move aims to stimulate economic growth amid ongoing uncertainties, including trade tensions and fiscal policy shifts.โ
๐ Key Data Releases ๐:
๐ Thursday, March 6:
๐ Initial Jobless Claims (8:30 AM ET) ๐:This weekly report indicates the number of individuals filing for unemployment benefits for the first time, providing insight into the labor market's health.
Forecast: 220K
Previous: 215Kโ
๐ฆ Factory Orders (10:00 AM ET) ๐ฆ:This report details the dollar level of new orders for both durable and non-durable goods, offering insight into manufacturing demand.
Forecast: -0.5%โ
Previous: +1.2%โ
โ ๏ธ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.โ ๏ธโ
๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
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