Author: FX
Our forex strategists arguably had a net effective with USD/CAD, bitcoin and the S&P 500 moving inline with their discussion biases. Source link
The week ahead is likely to bring elevated market volatility, courtesy of impactful events on the economic calendar, including US inflation data, UK GDP figures, and significant monetary policy announcements from the FOMC, BoE and ECB. Source link
The Fed decision is on Wednesday and WSJ Fedwatcher Nick Timiraos is out with his latest. Here’s the key passage:Fed officials aren’t likely to entertain serious conversations about when to cut rates this week—and potentially for several months unless the economy weakens more than expected. The market is fully priced for a May 1 cut and about halfway there for the March 20 meeting. Those odds have declined since Friday’s non-farm payrolls report.The report hints at something that market watchers have been eyeing for months: The Fed’s history of cutting around six months after the final hike.This is a conversation…
Despite a relatively sparse earnings calendar next week, there are still several notable companies scheduled to release their financial figures. The results have the potential to make a big impact on expectations, not just for specific companies but also for important industries like housing, consumer staples and enterprise software. Notably, investors are eager for updates from Oracle (NYSE:ORCL), Adobe (NASDAQ:ADBE), Costco (NASDAQ:COST), FuelCell Energy (NASDAQ:FCEL) and Lennar (LEN), among others. Below is a rundown of major quarterly updates anticipated in the week of December 11 to 15: Monday, December 11 Oracle (ORCL) Texas-based software giant Oracle (ORCL) will post its…
4/4 © Reuters. A worker removes a banner from a billboard, which shows the word “Russia”, the message “Happy New Year” and a QR code that is a gateway to a website of jailed Russian opposition politician and Kremlin critic Alexei Navalny’s supporters, on the roadside in 2/4 By Mark Trevelyan LONDON (Reuters) – With his hands on all the levers of power in Russia, Vladimir Putin appears unbeatable in a presidential election but opposition activists scent a chance to show he is vulnerable. Putin declared his candidacy for another six-year term on Friday and there is no serious rival…
In the fast-paced world of financial markets, traders are constantly seeking an edge to maximize their profits and minimize risks. One such edge that has gained popularity in recent years is the Cap Channel Trading MT4 Indicator. In this article, we will delve into the intricacies of this powerful tool, exploring its features, benefits, and how traders can effectively utilize it to enhance their trading strategies. Understanding the Cap Channel Trading MT4 Indicator What is the Cap Channel Trading MT4 Indicator? The Cap Channel Trading MT4 Indicator, also known as the “Capital Channel” indicator, is a technical analysis tool designed…
UPCOMING EVENTS: Tuesday: Japan PPI, UK Labour Market report, German ZEW, NFIB Small Business Optimism Index, US CPI.Wednesday: UK GDP, Eurozone Industrial Production, US PPI, FOMC Policy Decision, New Zealand GDP.Thursday: Australia Labour Market report, SNB Policy Decision, BoE Policy Decision, ECB Policy Decision, US Retail Sales, US Jobless Claims, New Zealand Manufacturing PMI.Friday: Australia/Japan/Eurozone/UK/US Flash PMIs, China Industrial Production and Retail Sales, Eurozone Wage data, US Industrial Production, PBoC MLF.TuesdayThere’s no consensus estimates for the UK jobs data at the time of writing except for the wage growth figures where the average earnings including bonus are seen falling to…
AES raises dividend by 4% to $0.1725 Source link
US DOLLAR FORECAST – EUR/USD, USD/JPY, GBP/USDThe U.S. dollar is likely to experience increased volatility this week, with several high-impact events on the economic calendarMarket focus will be on U.S. inflation data on Tuesday and the Fed’s monetary policy announcement on WednesdayThis article examines the technical outlook for EUR/USD, USD/JPY and GBP/USD, discussing critical price levels to watch in the coming days.Most Read: Crude Oil Forecast – Prices in Freefall as Pivotal Technical Support Caves InThe week-ahead economic calendar will be packed with high-impact events for the U.S. dollar, but the most important ones that may help define its near-term…
© Reuters. FILE PHOTO: Infowars founder Alex Jones speaks to the media after appearing at his Sandy Hook defamation trial at Connecticut Superior Court in Waterbury, Connecticut, U.S., October 4, 2022. REUTERS/Mike Segar/File Photo (Reuters) – A majority of users on X have voted to reinstate the account of U.S. conspiracy theorist Alex Jones in a poll set up by the social media platform’s owner Elon Musk. “Reinstate Alex Jones on this platform? Vox Populi, Vox Dei,” Musk posted on Saturday, using a Latin phrase that roughly means meaning “the voice of the people is the voice of God.” The…