Analytics
Economic Calendar
Expanded coverage of the global financial market in our daily
Date
Time left
Currency
Volatility
Event
Actual value
Prognosis
Previous value
Monday, 23 December 2024
Actual value:
-18.099Β£
Prognosis:
-24.10Β£
Previous value:
-28.397Β£
Description:
Actual value:
5.908β¬
Prognosis:
-
Previous value:
5.709β¬
Description:
Actual value:
-1.10%
Prognosis:
-0.40%
Previous value:
0.20%
Description:
21:30
2:33
CAD
Event:
BoC Summary of Deliberations (Canada)
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How are market reviews prepared?
The analytical department processes information from sources whose reliability is beyond doubt. Among them are authoritative publications, official websites and press services government institutions, news agencies Reuters and Bloomberg.
A variety of events can attract attention. Some will shout about their importance: for example, a large corporation announced the takeover of a competitor or OPEC countries agreed to reduce oil production. Others may seem completely insignificant: for example, meteorologists promised warming in a country that few have heard of and that imports and exports nothing. However, each of the events will fall on the scales of fundamental analysis, that is, based on this information converted into numbers, market behavior will be predicted.
Specialists will devote no less effort and time to technical analysis. This means that mathematical forecasting tools will be applied to historical price charts for a range of assets. The results obtained will be checked by the most experienced experts and will be published on the website in an easy-to-read form. However, we should not forget that the future is determined by the interaction of countless factors and some of the connections between things will remain hidden even from the best specialists. This is why no forecast can be 100% accurate.
