Author: Marios Kyriakou | Page 3

MARKET PREVIEW

Swiss monthly inflation reported at 0%, Financial markets unmoved by U.K. parliamentary elections, Crude oil moved upwards, Gold and U.S. Indices stable, Bitcoin suffered further

By Marios Kyriakou05/07/2024

Previous Trading Day’s Events (04.07.2024) Swiss inflation unexpectedly eased and was reported at 0% — offering reassurance to Swiss National Bank officials who’ve lowered borrowing costs…

MARKET PREVIEW

U.K and Spain services PMI show strong business activity, The U.S. ISM Services PMI and U.S. labour market data were reported weak showing cooling, the U.S. dollar weakened, Metals jumped, Bitcoin suffers

By Marios Kyriakou04/07/2024

Previous Trading Day’s Events (03.07.2024) The U.S. services sector activity slumped to a four-year low in June amid a sharp drop in orders. The Institute for…

MARKET PREVIEW

Eurozone inflation in line with expectations at 2.5%, EU Core inflation higher, JOLTS job openings beat expectations, U.S. stock indices jumped, Bitcoin plunged

By Marios Kyriakou03/07/2024

Previous Trading Day’s Events (02.07.2024) Eurozone inflation eased last month but a crucial services component remained stubbornly high. In June, consumer inflation in the 20 nations…

MARKET PREVIEW

Eurozone manufacturing stays in contraction, Expansion for Spanish manufacturing, German inflation slowed, ISM Manufacturing PMI not improved, U.S. Dollar strengthened, Crude oil climbed to 83 USD/b, Bitcoin reversed downwards

By Marios Kyriakou02/07/2024

Previous Trading Day’s Events (28.06.2024) The U.S. manufacturing contracted for a third straight month in June as demand remained subdued. Inflation could continue to slow. Weakness…

WEEKLY PREVIEW

U.S. Consumer Confidence dropped, U.S. Manufacturing Goods orders fell, Canada’s and Australia’s Inflation higher, Core PCE Inflation at 0.1% as expected, NFP ahead

By Marios Kyriakou01/07/2024

PREVIOUS WEEK’S EVENTS (Week 24- 28.06.2024) U.S. Economy U.S. consumer confidence eased in June amid worries about the economic outlook. The Conference Board’s consumer confidence index…

MARKET PREVIEW

Canada’s GDP growth at 0.3% as expected, U.S. Core PCE Price index growth at 0.10% and lower as expected, U.S. indices steady, Bitcoin recovered

By Marios Kyriakou01/07/2024

Previous Trading Day’s Events (28.06.2024) Last Friday’s inflation-related report showed that U.S. monthly inflation was unchanged in May. The flat reading in the personal consumption expenditures…

MARKET PREVIEW

U.S. Durable Goods figures indicated weakness in business, U.S. Jobless claims dropped, Metals and Crude oil saw a rise, U.S. indices moved higher. Bitcoin is stable

By Marios Kyriakou28/06/2024

Previous Trading Day’s Events (27.06.2024) New orders for key U.S.- manufactured capital goods unexpectedly fell in May, suggesting that business spending on equipment weakened in the…

MARKET PREVIEW

Inflation in Australia jumps to 4%- RBA chance for a hike, Decline in U.S. New Home sales, U.S. dollar strengthened, Gold plunged, Bitcoin remains low but stable

By Marios Kyriakou27/06/2024

Previous Trading Day’s Events (26.06.2024) Australian consumer inflation accelerated to a six-month high in May, raising the chances of another interest rate hike this year. This…

MARKET PREVIEW

Japan’s core inflation rose to 2.10%, Canada’s inflation surprised with a jump to 2.80%, Drop in U.S. consumer confidence, Bitcoin recovers

By Marios Kyriakou26/06/2024

Previous Trading Day’s Events (25.06.2024) Inflation in Canada turned surprisingly to the upside in May, after showing signs of an almost consistent cooling since the start…

MARKET PREVIEW

The U.S. dollar weakened, Commodities moved higher, U.S. indices are stable at lower levels, Bitcoin suffers, JPY probably reached the peak of weakening, BOJ possible intervention

By Marios Kyriakou25/06/2024

Previous Trading Day’s Events (24.06.2024) ______________________________________________________________________ Winners vs Losers EURUSD takes the lead this week as USD depreciated significantly, currently gaining 0.48%. The leader this month…

Author Marios Kyriakou