Author: Marios Kyriakou | Page 12

MARKET PREVIEW

U.K. and Canada retail sales stable, Gold dives after a jump during FOMC, U.S. indices turn to the downside, U.S. dollar strength shakes the markets

By Marios Kyriakou25/03/2024

Previous Trading Day’s Events (22.03.2024) On the 20th of March policymakers decided to keep the benchmark short-term policy rate steady. After that meeting, Powell said policymakers…

MARKET PREVIEW

Australia’s labour market growth, SNB rate cut, BOE unchanged rates, U.S. indices remain high as the dollar gains surprising strength. Gold dives

By Marios Kyriakou22/03/2024

Previous Trading Day’s Events (21.03.2024) The Swiss National Bank surprised the markets with an interest rate cut by 25 basis points to 1.50%. The SNB’s loosening…

MARKET PREVIEW

U.K. inflation lowered, FOMC: strengthened expectations of a June rate cut, U.S. dollar weakening, Gold and U.S. indices jumped, Crude oil correction to the upside

By Marios Kyriakou21/03/2024

Previous Trading Day’s Events (20.03.2024) The Federal Reserve Chair Jerome Powell said yesterday that recent high inflation readings had not changed much the narrative of easing…

MARKET PREVIEW

BOJ shifts to positive interest rates, Strong JPY weakening, RBA keeps rates steady as inflation lowers, USD strengthens, Crude oil reached at 83 USD/b, FOMC tonight

By Marios Kyriakou20/03/2024

Previous Trading Day’s Events (19.03.2024) The Bank of Japan (BOJ) ended eight years of negative interest rates making a historic shift away from its focus on…

WEEKLY PREVIEW

U.S. inflation and U.S. retail sales up, Probable Fed rate cut delay, Little change in consumer expectations. U.K. labour market slowed, BOJ policy change with a rate hike, U.S. dollar strength ahead of the FOMC

By Marios Kyriakou20/03/2024

PREVIOUS WEEK’S EVENTS (Week 11 – 15.03.2024) Announcements: U.S. Economy According to the reports for PPI and Retail Sales in the U.S., Producer prices experienced a…

MARKET PREVIEW

The U.S. dollar strengthened significantly ahead of FOMC, U.S. stocks lower, Gold sees resilience to the downside, Crude oil higher

By Marios Kyriakou19/03/2024

Previous Trading Day’s Events (18.03.2024) ______________________________________________________________________ Winners vs Losers USDJPY currently leads with 0.92% for the week followed by other JPY pairs (JPY as Quote) as…

MARKET PREVIEW

U.S. Empire State Manufacturing Index notable declines, U.S. Consumer Confidence slightly drops with inflation expectations unchanged, Bitcoin suffers, U.S. dollar sees strength

By Marios Kyriakou19/03/2024

Previous Trading Day’s Events (15.03.2024) U.S. consumer sentiment and inflation expectations were a little bit changed in March. However, it is notable that the overall Consumer…

MARKET PREVIEW

PPI figures and Retail sales grew beating expectations, The U.S. dollar strengthened, Gold and U.S. indices suffered a retreat, Crude oil higher

By Marios Kyriakou15/03/2024

Previous Trading Day’s Events (14.03.2024) According to the reports for PPI and Retail Sales in the U.S., Producer prices experienced a jump and retail sales were…

MARKET PREVIEW

Good news for U.K.’s GDP, Metals to the upside, Silver soared, U.S. Dollar weakened, U.S. indices stable, Crude oil surges

By Marios Kyriakou14/03/2024

Previous Trading Day’s Events (13.03.2024) According to the Gross Domestic Product (GDP) report yesterday, Britain’s economy returned to growth in January after entering a shallow recession…

MARKET PREVIEW

U.K. labour market cooled further, The U.S. CPI rose 0.4% m/m and annual rate now to 3.2%: bad news for cuts, U.S. indices saw a rally, Gold Lower

By Marios Kyriakou13/03/2024

Previous Trading Day’s Events (12.03.2024) Unemployment-related benefits (Claimant Count) are higher (for February 2024 period ) than previous and with lower average earnings reported. The unemployment…

Author Marios Kyriakou