News & Research

Market Research & Info

Land Prime analyst Shadi Abdo

  • Member of The Egyptian Society of Technical Analyst
  • Head of Education department, Market Strategist, Chief Technical Analyst of Global Leading Forex Brokerage companies
  • Trained over 5000 professional trainers more than 10 years
  • BSc in Economics from Mansoura University

19 January 2017

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Eurozone rate decision: Thursday, 12:45. The European Central Bank kept interest rates unchanged in December but cut asset purchases to 60 billion euros per month, from the current 80 billion euros. The bank has prolonged the bond-buying program by nine months until the end of 2017, indicating the central bank does not intend to abandon its plans to boost the Eurozone’s economy.
US Building Permits: Thursday, 13:30. The number of US building permits in November shrank by 4.7% to 1.20 million-unit rate, remaining above the 1.20 million-unit level for three straight months. Single-family permits rose 0.5% while permits for multi-family units dropped 13.0%.