The Week Ahead (July 5 -9)- Important Market Themes to watch out for
The week is starting with the dollar recovering slightly from Friday’s NFP slump. Although the mixed employment report pressured the greenback, it dominated its peers last week. What is coming ahead in the new week? Last Week Market Highlights The US labor department announced a mixed employment report on Friday. While 850,000 new jobs were […]
The Week Ahead (June 14 -18)- Important Market Themes to watch out for
Another very interesting week ahead as the market looks forward to the FOMC monetary policy update following the last NFP miss and rising inflation figures. Also, important Aussie employment figures will be released before the SNB and BoJ rate statements later in the week. Traders will also watch out for the Canadian inflation report following […]
US Markets Analysis – DXY, S&P 500 and Treasury Yield Forecast
Thursday’s US inflation report increased investors’ appetite for risk as the call for tapering was doused at least before next week’s FOMC report. The US 10-year treasury yield quickly collapsed to its lowest in three months while Wallstreet turned green. However, the dollar remains indecisive, hovering around a solid range. The world’s largest economy has […]
Market Update as Investors’ focus shifts to US CPI and ECB
The dollar reacted with a shocking rally on Wednesday despite the continued pressure on the treasury yield. Market mood mid-week thus supported risk-off assets as investors and traders look forward to the ECB monetary minutes and the US CPI data later in the day. The dollar index surged to 90.15 on Wednesday and continued the […]
Mid-Week Market Overview and Forecast – BoC, ECB and US Inflation Eyed
The US treasury yield is downbeat in the second week of June as the price pushed below 1.55% and now close to touching 1.5%. Wallstreet indices remain firm while the dollar’s minor bounce couldn’t be sustained. The market awaits the BoC later today to inject some momentum. The equities market is rolling out profits again […]
NFP Preview and Forecast – How US Jobs could influence Major FX
The US Bureau of Labour Statistics will release the May job reports later today. Meanwhile, the dollar has been in a bright mood after some encouraging data on Thursday prior to today’s event. Employment reports in Canada are expected at the same time. So, it’s expected to be another volatile day in the Forex market. […]
Mid-Week Market Report – Dollar Staging Recovery as Gold pressures
After a sluggish start to the week due to Monday’s bank holidays in the US and UK, the markets are back with support for safe-haven instruments. Equities are pressured on Tuesday and early on Wednesday while the dollar escapes the bear’s net although temporarily so far. Markets’ moves in recent days remain indecisive as positive […]
The Week Ahead (May 31-June 4)- Important Market Themes to watch out for
The market ended last week with support for many of the major FX as domestic data improved in response to the surge in economic activities. This week will be loaded with high-impact data including bank statements and the US NFP on Friday. What are the things you need to know? Last Week Recap Policymakers continue […]
End of week market updates – currencies supported by banks’ tapering headlines
Most of the major currencies have been on the rise this week as the general economic indicators support growth which could push central banks to tighten their very loose policies. The dollar index remains firm above 90 while the Loonie, Sterling and Kiwi are close to closing the week upbeat. Equities In the equities market, […]
The Week Ahead: Dollar jumped as Cryptos bled over the weekend
The new trading week started with the dollar retracing little of Friday’s jump. This coming together with fast recovering equities highlighted the mixed-mood of the market. Meanwhile, Bitcoin and the entire crypto market are yet to stage significant rebounds as investors’ confidence weakens. Last Week Recap The last FOMC minutes and Friday’s better-than-expected PMI resurrected […]