Daily Wrap Up 06 October 2022
Once again, the rise in government bond yields is acting as the catalyst for the sell off in stocks.
Mixed UK Data While GBP Remains In Green
17 Oct 2017 01:05 PM |During the European session today, the UK inflation data came in with mixed outcomes. However, the Bank of England remains in a dilemma, while GBP remains green on the day until this report is released.
Daily wrap up – 16 October
16 Oct 2017 08:47 PM |The markets witnessed a relative calm in the absence of significant economic events and we didn't see any strong moves in the foreign exchange market. As global stock markets rallied, boosted by China's economic data this morning.
The week ahead (16-20 October)
16 Oct 2017 02:47 PM |This week, the markets are preparing for a number of important economic data that will affect global markets, and central bank movements. It is started China's inflation data released this morning, which has sent some optimism in world markets from the world's second-largest economy. Let's review together the highlights of this week's economic data.
Weekly Fundamental Outlook
16 Oct 2017 11:27 AM |After a week full of economic releases from the US. Another week comes in with many key economic figures and events, which likely to have a notable impact on the markets.
USD Holding Support Ahead of Key Data
13 Oct 2017 12:57 PM |The US economic figures that were released yesterday managed to stop the US Dollar downward pressure, holding above the same key support which stands around 93.0.
The Fed Keeps The Door Open for Hike and Hold
12 Oct 2017 11:57 AM |The Federal Reserve left the market uncertain about its next approach. The FOMC Meeting Minutes showed a notable split between the members.
Some members continued to show their concerns about low inflation and the reasons behind the recent slowing down, while other members are still arguing that low inflation is a transitory period, despite the fact that inflation has been declining since the beginning of the year, according to their most respected inflation index (Core PCE Price Index).
USDX Slides Ahead of FOMC Meeting Minutes
11 Oct 2017 10:14 AM |Since the beginning of the week, the US Dollar Index has been declining, despite the fact that the US Jobs Report which was released on Friday came in with a notable improvement in wages growth, driving the Fed Fund Futures to spike to 87% chance for 25bps rate hike in December meeting.
Metals New Bullish Trend Ahead?
10 Oct 2017 09:27 AM |Gold and Silver had few weeks of consecutive declines, after rising to new highs of this year. Gold declined for the past four weeks, while Silver posted three weeks of consecutive declines, before bouncing off its recent lows last week.
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