The Week Ahead as Fed Chair Testifies Ahead of Inflation Update
The dollar fell back into the 7 weeks range after another disappointing job figures from the US labor department on Friday. Meanwhile, equities and high-beta FX are starting this week on a front foot. Later in the week, traders will look forward to US Inflation data amongst others. Last week ended in losses for risk […]
The Week Ahead as attention shifts from Omicron to the Banks
This week, the market will focus on the high-impact economic events after rebounding from the Omicron fears last week. Central Banks in the US, Euro-zone, Britain and Switzerland will announce their last monetary policies of the year. Aside from the bank statements, investors will also watch out for inflation reports in the UK and Canada […]
The Week Ahead – Risk-off persists ahead of Fresh Macros and Omicron Development
The US Job report was mixed at the end of the last week thus forcing a whipsaw on the price of the global reserve currency. In the end, the risk-off sentiment persisted. However, there are minor countermoves across the major asset classes at the start of the new week. Later in the week, traders will […]
The Week Ahead – Market looks for Omicron clues ahead of Job Reports
The market calmed on Monday after the shocking massive moves that followed the detection of a new Covid variant last week. Investors looked for cover thus exiting risk assets. Going into the new week, market participants will know how intense the new variant is. Many of the vaccine producers are expected to run new tests […]
The Week Ahead – Euro PMIs, RBNZ Rate Statements and US Inflation Reports In Focus
The market started the new week on risk aversion – exactly where it left it last week. The dollar continues to dominate against its peers while equities look vulnerable. Eurozone PMIs, Kiwi monetary policy statements, US GDP, Inflation reports and the FOMC will ensure another volatile week. Last Week Recap The dollar was the strongest […]
The Week Ahead Report – RBA and Major Economic Data in US, Canada and UK
It’s a new trading week when the market participants will like to see whether the fresh dollar resurgent will gain more momentum or 95 will resist further rally for the index. Also, it seems US equities would recover from last week’s inflation-induced dips. The Aussie monetary policy, US retail sales data, GBP CPI and CAD […]
The Week Ahead Report – US Inflation Amid Bank Speeches and Aussie Employments
Early in the new trading week, market participants will focus on the speeches from the leaders of the Central banks including the Fed, BoC and BoE before Wednesday’s US inflation report. Aussie employment data will be the focus on Thursday before Friday’s US treasury reports. Meanwhile, risk sentiment is expected to influence the market forces. […]
Daily Update and Forecast – Post-FOMC, BoE and OPEC in focus
Wednesday FOMC statement included a $15 billion monthly cut from its current quantitative easing programs starting this month. Nothing out of the ordinary was noticed. Coming up today is its counterpart in the UK and of course, the OPEC+ meeting. What did FOMC conclude? On Wednesday, the Fed Reserve was hawkish about the US economy […]
FOMC Preview and USD Analysis- Will the Fed quicken the dollar rise with a big taper?
It’s a big day for the US markets. It’s a big day for the dollar. The US monetary policymakers will reveal the pace of their asset tapering, the current status of inflation and when it could start hiking rates. Meanwhile, the dollar remains upbeat as the index stays firm above 94. During and after the […]
The Week Ahead Report – Central Banks, US and Canada Job Reports Dominate Headlines
The new week is starting on a bright note for risk assets after last week’s impressive moves, especially on the equities. The dollar, on the other hand, ended brightly after an initial slump. Market participants will continue to look forward to the upcoming data, policymakers’ decisions and more importantly the price action from the consensus […]