While investors will focus more on banking crises and central banks’ measures, speakers in different countries will try to explain the situation in more detail. We will also have the European inflation numbers and the Fed’s favored measure of inflation in the US on Friday, which must give us a brighter perspective of future policies. […]
Policy makers’ decision in their last meeting was not hawkish, but it was not dovish as well to help the stock markets as well. More than anything else, it brought a feeling of disappointment for investors. Decision makers in the US Federal Reserve Open Market Committee raised the benchmark interest rate by 25 basis points […]
The two-day meeting of the Federal Reserve started on Tuesday. At the same time, important questions have occupied the mind, like will the recent banking collapse affect the policymakers’ decisions, and how many more hikes will we have? And so on. The last FOMC meeting concluded on February 1, where analysts believe that results were […]
After touching above 2K, yellow metal returned under this key and psychological level, last seen in August 2022. As banking concerns have been lifting the Gold demand, with fewer concerns and more signs of confidence, trends reversed. Also, before the latest Federal Reserve policy meeting, European Central Bank President Christine Lagarde said on Monday that […]
Recent fears will affect the policymakers’ decisions, but they can not end the hawkish cycle at this level. While financial markets are worried about the spread of bankruptcies to more banks, FOMC, SNB, PBoC, and BoE will have monetary policy meetings and interest rate decisions. Besides bank meetings, we have more data to watch and […]
Recently seen banking crises, increased market uncertainties, and changed the analysts’ market outlook. Some analysts now believe that central banks will not need to try to cool down the economy, and it has enough reason to slow down, especially with the fear of banking bankruptcy. Nevertheless, ahead of next week’s Fed meeting, ECB had no […]
With China reopening, lower energy prices, the strong job market in most developed economies, and the relative growth of retail sales, our global economic outlook changed. Now we are less worried about the severity of the upcoming economic recession. Gas prices helped the Europeans fulfill their storage and replenish the gas crisis. Also, lower energy […]
Let us see what we expect from the week, which starts with the Eurogroup meeting. After last week’s great employment numbers and ahead of next week’s FOMC meeting, US inflation numbers and the ECB meeting will be at the center of the stage in the week ahead. UK labor data and Australian and US Housing […]
While we are waiting for NFP numbers on Friday, in recent days, market participants have been following the ADP and JOLTs data and Mr. Powell’s semi-annual monetary policy testimony to the Senate Finance Committee. On Tuesday and Wednesday, Mr. Powell answered the questions in the Senate. Mainly he emphasized inflation and the labor market. He […]
March uncertainty start t increase even more with three major central banks’ interest rate decisions and US labor market data, but still, we have many other numbers to watch. However, the focus still will be on Friday’s US non-farm payrolls, where labor market conditions will tell us what exactly we have to expect from the […]
Last week most markets closed lower, and US 10-year bond Yields rose towards 4%, while this week, eyes will be on EU inflation numbers. Last Friday, the January US core PCE price index recorded 4.7% year-on-year, above the 4.3% market estimate and 4.6% in December. On the monthly scale, prices rose by 0.6%, exceeding market […]
More signs for the next moves! We can determine the central banks’ following possible decisions with the varied data we will have this week. US Consumer Confidence and Durable Goods orders, Eurozone inflation, and PMIs from the US, UK, China, and Europe make it essential this week, while with better-than-expected Markit PMI numbers last week, […]
Other than Nikkei-225, Asian stock markets fell on Friday as Thursday’s US economic data increased the market uncertainty. Simultaneously, the Nikkei-225 rallied in Japan; the next BoJ governor vowed to maintain the ultra-dovish policies. Kazuo Ueda said he broadly supports holding interest rates at ultra-low levels in the near term. However, today’s published data shows […]
The upside risk of inflation is clearly seen in last night’s published minutes. FOMC members are seeking another 50-bps rate hike in the next meeting, and strong economic and Job data give the Fed more headroom to keep raising interest rates. These conditions make a stronger USD and continuing pressure on stock markets more likely. […]
We will have a busy Tuesday with PMI numbers from Europe and the US and Canadian inflation data. We are optimistic about most of these data results as lower energy prices in the past months can be a good driver for the global economy. Expected data can have a short-lived positive effect. Yesterday US market, […]
Uncertainty is the most certain thing. Uncertainty is the most certain thing seen in the financial markets these days. Economic data and outlook, inflation numbers, and central banks’ decisions create a chaotic situation. In the week ahead, with central banks meeting in China and New Zealand, PMI numbers from European countries, and Personal Spending data […]
The Euro has been floating between the Central bank’s decision and economic data. European economic data dedicating a weaker Eurozone economy, while ECB’s policymakers state that the central bank has no reason to pause rate hikes after the following March meeting. With these data and outlook, Euro continues its side movement and dilemma after the […]
Before investigating the US inflation effects on financial markets, reviewing the numbers in more detail would be better. According to the US Bureau of Labor Statistics, the US consumer inflation in January raised 6.4% year-on-year. This decline from 6.5% in December, the seventh consecutive month of fall and the smallest increase since October 2021, is […]
2023 started with many surprise data from different economies, Chinese reopening, decreasing inflating across the globe, and upward revisions by the World Bank to better economic growth expectations. This article will review the most known symbols and watch what we expect in February. US DOLLAR The US dollar started the year with a 2% gain […]
Fed officials were hawks, and the USD index recovered its strength. Last week we had central banks’ meetings as well. ECB was the most hawkish bank among major central banks, with a 50 bps rate hike and signaling another 50 bps rate hike in the following meeting in March. BoE also raised the rates by […]
