Author: Marios Kyriakou

WEEKLY PREVIEW

Biden abandons re-election, PCE price index higher, BOC second cut, JPY halts strengthening, Crypto boosted, Fed, BoJ and BoE rate decisions ahead

By Marios Kyriakou29/07/2024

PREVIOUS WEEK’S EVENTS (Week 22 – 26.07.2024) U.S. Economy U.S. President Joe Biden abandoned his reelection bid on Sunday under growing pressure from his fellow Democrats…

MARKET PREVIEW

U.S. core PCE index figure up as expected, USD unaffected, Tokyo’s CPI inflation higher, Gold jumped, Crude oil dropped, Bitcoin got a boost

By Marios Kyriakou29/07/2024

Previous Trading Day’s Events (26.07.2024) The personal consumption expenditures (PCE) price index nudged up 0.1% last month after being unchanged in May. Consumer spending slowed a…

MARKET PREVIEW

U.S. GDP growth beats expectations, Jobless claims decrease, U.S. Durable Goods decline, USD stable, High U.S. stock volatility, Bitcoin gains

By Marios Kyriakou26/07/2024

Previous Trading Day’s Events (25.07.2024) ______________________________________________________________________ Winners vs Losers USDCAD remains on the top of the week’s list with 0.72% gains. The EURGBP follows as the…

MARKET PREVIEW

BOC second cut as expected, The USD gains against the CAD, U.S. grim Eurozone PMIs, Stocks plunged, Bitcoin retreats from the highs

By Marios Kyriakou25/07/2024

Previous Trading Day’s Events (24.07.2024) The Bank of Canada (BoC) decided to cut its key interest rate by 25 basis points for the second month in…

MARKET PREVIEW

The JPY strengthened heavily, Gold higher after retracing, Crude oil continued lower, U.S. indices sideways, Bitcoin lower but steady

By Marios Kyriakou24/07/2024

Previous Trading Day’s Events (23.07.2024) ______________________________________________________________________ Winners vs Losers XAUUSD reached the top of the week’s list with 0.6% gains. It also leads for the month…

MARKET PREVIEW

The U.S. dollar remained stable, Gold moved lower, Crude oil dropped rapidly and retraced, U.S. indices closed higher after experiencing high volatility, Bitcoin remains high

By Marios Kyriakou23/07/2024

Previous Trading Day’s Events (22.07.2024) ______________________________________________________________________ Winners vs Losers USDCAD remains on the top for this week with 0.4% gains. Gold this month is leading with…

WEEKLY PREVIEW

U.S. retail sales unchanged, Australian labour data mixed, U.K. and Canada retail sales dropped, ECB keeps rates steady, BOC rate decision, PMIs and PCE Price index ahead

By Marios Kyriakou22/07/2024

PREVIOUS WEEK’S EVENTS (Week 15 – 19.07.2024) U.S. Economy U.S. retail sales were unchanged in June, a display of consumer resilience that bolstered economic growth prospects…

MARKET PREVIEW

U.S. President Joe Biden dropped his re-election bid, China’s Central Bank cut its key short-term policy rate, U.K. and Canada’s retail sales notably fell, Commodities and U.S. indices dropped heavily, Bitcoin moved upwards

By Marios Kyriakou22/07/2024

Previous Trading Day’s Events (19.07.2024) British retail sales volumes fell by more than expected in June. Sales volumes dropped by 1.2% last month after a 2.9%…

MARKET PREVIEW

Australia’s employment higher than expected, U.K. labour market gradual cooling, ECB keeps rates steady, Higher U.S. jobless claims, U.S. stocks dropped

By Marios Kyriakou19/07/2024

Previous Trading Day’s Events (18.07.2024) Australian employment jumped well beyond expectations in June, yet the jobless rate still ticked higher as more people went looking for…

MARKET PREVIEW

New Zealand inflation slowed more than expected, U.K inflation data reported marginally higher, Gold lower, Crude oil higher, U.S. stocks retreat. Bitcoin slowdown

By Marios Kyriakou18/07/2024

Previous Trading Day’s Events (17.07.2024) Inflation in the U.K. eased less than expected and a key core measure of prices barely dropped. The consumer price index…

Author Marios Kyriakou