Author: Marios Kyriakou | Page 15

MARKET PREVIEW

FOMC MM: No market effect, U.S. dollar surprisingly weakens, U.S. indices jump, Stocks surge with Nvidia in the headlines

By Marios Kyriakou22/02/2024

Previous Trading Day’s Events (21 Feb 2024) Nvidia on Wednesday experienced shares up by 10% after-hours. “The market was poised to sell the news following Nvidia’s…

MARKET PREVIEW

Canada’s inflation eased, annual at 2.4%, The U.S. dollar weakened, U.S. indices downtrend continues, Gold upwards, Crude oil dropped

By Marios Kyriakou21/02/2024

Previous Trading Day’s Events (20 Feb 2024) Canada’s CPI data release yesterday showed that Canada’s annual inflation rate slowed more than expected to 2.9% in January…

MARKET PREVIEW

President’s Day, FX low volatility, U.S. indices sideways, Dollar stable, Gold and Crude oil upwards, Bitcoin retraces

By Marios Kyriakou20/02/2024

Previous Trading Day’s Events (19 Feb 2024) ______________________________________________________________________ Winners vs Losers Silver (XAGUSD) remains in the lead with 2.46% gains last week. The USDCHF is on…

WEEKLY PREVIEW

U.S. higher than expected inflation, PPI prices growth, U.K. tight labour market & persistent inflation, FOMC minutes and PMI releases ahead

By Marios Kyriakou19/02/2024

PREVIOUS WEEK’S EVENTS (Week 12-16.02.2024) Announcements: U.S. Economy Retail sales in the U.S. tumbled 0.8% last month, the biggest drop since March 2023, suggesting slowing…

MARKET PREVIEW

U.K. retail sales rebound to the upside, U.S. PPIs rose more than expected, Commodities to the upside, U.S. indices dropped

By Marios Kyriakou19/02/2024

Previous Trading Day’s Events (16 Feb 2024) According to the PPI data releases on Friday, the U.S. producer prices increased more than expected in January amid…

MARKET PREVIEW

Australia’s unemployment jumped, Low GDP: The U.K. in recession (end 2023), U.S. disappointing data on retail sales, USD weakened, Gold and U.S. indices up.

By Marios Kyriakou16/02/2024

Previous Trading Day’s Events (15 Feb 2024) The labor market data for Australia showed very weak employment growth in January, while the jobless rate climbed to…

MARKET PREVIEW

U.K.’s inflation steady, Gold’s consolidation phase, Crude plunged: 12M barrels build, U.S. stocks rebound, USD weakened.

By Marios Kyriakou15/02/2024

Previous Trading Day’s Events (14 Feb 2024) The U.K.’s inflation report yesterday showed that it holds steady at 4% in January. Unexpected and defied analyst forecasts…

MARKET PREVIEW

New Zealand’s inflation expectations decrease, U.K.: labour market cooled, Hot U.S. inflation data: gold plummets, U.S. stocks downturn, U.S. dollar and yields gain.

By Marios Kyriakou14/02/2024

Previous Trading Day’s Events (13 Feb 2024) The UK claimant count for January 2024 increased by 14,100 in the month, higher than the previously reported figure.…

MARKET PREVIEW

High Volatility, Strong Dollar, Gold Falls, Crude oil up, U.S. Stock market sees upside resistance, Continuing with U.S. indices heavy drop today amid U.S. Inflation report

By Marios Kyriakou13/02/2024

Previous Trading Day’s Events (12 Feb 2024) ______________________________________________________________________ Winners vs Losers Silver is on the top of the winner’s list with 0.60% gains for the week…

WEEKLY PREVIEW

U.S. Business growth in Services, Low U.S. jobless claims, New Zealand’s and Canada’s labour market growth ahead: All eyes on U.S. CPI data and retail sales

By Marios Kyriakou13/02/2024

PREVIOUS WEEK’S EVENTS (Week 05-09.02.2024) Announcements: U.S. Economy The U.S. shows significant services sector growth. The PMI increased to 53.4 last month from 50.5 in December.…

Author Marios Kyriakou