FED Preview | September 2022
Economic data ahead of the next FOMC meeting show that price pressure is still not showing an acceptable slowdown to convince the Fed
Fundamental
Commodities
Oil falls in line with Stock Markets.
The US market on Tuesday opened lower as investors prepared for the FOMC announcement and economic projections. Federal Reserve Open Market committee’s meeting
Stock & Indices
Europeans bet on losing horses.
European stocks started the week on Monday with more falls as Last Friday’s inflation report in the EU and the upcoming FED meeting
Weekly Outlook
Weekly Outlook, 19-23 September
The uproar of Central Banks! The week ahead will be the central banks’ weeks as central banks in the UK, US, China, Swiss,
Cryptocurrency
Ethereum Merge and Cryptocurrency market!
The overall downtrend started in November 2021 and continues to bring the crypto market capitalization under $1 trillion, despite last week’s biggest price
Commodities
Gold’s free-fall and expectations!
Gold prices were volatile last week, as conflicting factors used to work simultaneously. While ECB and other central banks’ hawkish tones put pressure
Stock & Indices
Yields increase, and stocks fall!
After the inflation upside surprise, Thursday’s employment report and retail sales also confirmed the excellent state of the economy in the United States
Stock & Indices
Meta falls under pre-pandemic levels!
Meta has already lost more than 54% of its share’s value over 2022 so far, compared with about a 14% loss of SP500.
Forex
Yen and BoJ intervention
The Yen’s extreme weakness finally forced government officials to intervene, especially with Tuesday’s surge in the dollar. BOJ Governor Haruhiko Kuroda last Thursday
Fundamental
Inflation and another upside surprise
The most critical data of the week has been published. US inflation data had another surprise upside to reincrease the USD demand and
Forex
Cable raise, thanks to USD!
While British economic data were disappointing today, GBPUSD regained some of its losses against the USD, but it was thanks to a weaker
Weekly Outlook
Weekly Outlook, 12-16 September
Quiet Week but CPI is in focus! After the Central Banks’ meetings in Australia, Canada, and European Union, this week we were waiting
Cryptocurrency
Bitcoin, is that beginning of an uptrend?
While in the bigger picture, BTC still moves in a clear downtrend, the recently seen recovery has made some hope that it can
Commodities
Gold recovers as the dollar eases!
The gold downtrend reversed on Wednesday and then, after Thursday’s correction, continued its way on Friday towards $1,730. This gold price action directly
Daily Market Review
USD increased as Powell vowed to control the inflation
While, like every Thursday, we had initial Jobless claims, which fell to a new low at 222K to confirm the strength of the
Fundamental
ECB preview. Central banks race for tighter policies
Even historically, August was the worse month for Euro, especially over the last fifteen years; this year, with the Ukraine war effects and
Forex
BoC, the most Hawkish Central Bank!
After Tuesday’s RBA meeting and Thursday’s European Central Bank meeting, BoC raised the rates by 75 basis points to lift the Canadian Central
Fundamental
The US and China Economic data and Energy Market
Yesterday and Wednesday, we had PMI data from most developed economies. However, the US and Chinese data caused almost a free fall in
Monthly Outlook
Global Monthly Economic Outlook
The worst historical month for Bitcoin and S&P 500! War continues in Ukraine and puts more pressure on the European economy. As was
Cryptocurrency
Proof of Stake! Can it save Ethereum?
ETH price analysis After many concerns about the damages that cryptocurrencies can create to the environment, in early 2020, the Ethereum developers decided