Market Movers for May 20, 2019
On Monday, May 20, 2019, the markets will focus on the announcement of the economic calendar data, which usually results in changes in price movements. The economic agenda is a major tool for the basic analysis of the news to predict the market performance. Therefore, caution must be taken to determine the results of these actual data to make the right trading decision. The economic news today are:
US Federal Reserve Chairman, Jerome Powell, is scheduled to deliver a lecture entitled "Risk Assessment of Our Financial System" in Florida at the Financial Markets Conference. The audience is expected to ask questions. The US dollar is often very volatile during Powell’s Comments, as traders try to understand the direction of interest rates.