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The market has been fluctuating all along, and there's no sign of a breakthrough in any direction even at midnight. The price is at a high level, sideways, and has been consolidating, which is really annoying. This indicates that everyone is waiting and watching, not daring to act rashly, and waiting for a clear signal before making a trade.
Today is February 11, 2025, Tuesday, and there are these financial events worth paying attention to:
At 2:30 p.m., France will announce the fourth quarter ILO unemployment rate, which can reflect the situation of the French job market.
At 7:00 p.m., the US January NFIB Small Business Confidence Index will be released, which reflects the confidence level of US small businesses in the market.
At 8:15 p.m., the Governor of the Bank of England, Bailey, will deliver a speech, which may affect the pound's trend and the financial market in the UK.
At 9:50 p.m., Hama will speak at the Federal Reserve, and his views may reveal the direction of the Fed's monetary policy to the market.
At 11 p.m. tonight, Federal Reserve Chair Powell will deliver the semi-annual monetary policy testimony, which is a heavyweight message that has significant impact on global financial markets.
Tomorrow at 1 am, EIA will release the monthly Short-Term Energy Outlook report, which will affect the energy market, especially crude oil prices.
At 4:30 a.m. tomorrow, Williams of the Federal Reserve will deliver a speech, which will also attract market attention.
At 5:30 am tomorrow morning, the United States will release the API crude oil inventory for the week ending February 7, which has an important impact on crude oil price fluctuations.
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