Author: Marios Kyriakou | Page 4

MARKET PREVIEW

Second cut from the SNB, BOE no change in rates, U.S. unemployment claims lower, U.S. dollar strengthening, Gold and Crude oil moved higher

By Marios Kyriakou21/06/2024

Previous Trading Day’s Events (20.06.2024) The Swiss National Bank (SNB) cut interest rates for the second time. The Swiss franc weakened against other currencies and stocks…

MARKET PREVIEW

U.K. annual CPI inflation at 2%, GBP appreciated upon inflation release, U.S. holiday kept volatility low, Gold and Crude remained stable, U.S. indices were barely affected

By Marios Kyriakou20/06/2024

Previous Trading Day’s Events (19.06.2024) The pound appreciated after the U.K. CPI inflation data were released. British inflation returned to its 2% target in May for…

MARKET PREVIEW

The RBA kept the cash rate elevated amid a strong labour market and high inflation, U.S. retail sales came out weak causing USD depreciation, Gold and Crude oil jumped

By Marios Kyriakou19/06/2024

Previous Trading Day’s Events (18.06.2024) Australia’s central bank, RBA, held interest rates steady as expected, at a 12-year high of 4.35%, where they have been since…

MARKET PREVIEW

China missed Industrial Output but beat retail sales expectations, Empire State Manufacturing index improved, U.S. Dollar weakened, Gold dropped, Crude oil and U.S. stocks jumped

By Marios Kyriakou18/06/2024

Previous Trading Day’s Events (17.06.2024) ______________________________________________________________________ Winners vs Losers JPY pairs have reached the top with EURJPY leading, having gains of 0.52% this week. USDCAd leads…

WEEKLY PREVIEW

PPI inflation lowered, worse U.S. consumer sentiment with 1-year inflation expectations to remain high at 3.3%, U.K. labour data show weakening, U.S. inflation lowered, FED and BOJ kept rates steady, RBA, SNB and BOE rate decisions ahead

By Marios Kyriakou17/06/2024

PREVIOUS WEEK’S EVENTS (Week 10- 14.06.2024) U.S. Economy PPI, U.S. producer prices, unexpectedly fell in May providing another indication that inflation was subsiding after surging in…

MARKET PREVIEW

BOJ kept interest rate target at 0%-1%, Prelim U.S. consumer sentiment lower than expected, U.S. consumers worry about inflation, The U.S. dollar strengthened, Stocks, Gold and Crude oil moved higher

By Marios Kyriakou17/06/2024

Previous Trading Day’s Events (14.06.2024) The Bank of Japan (BOJ) announced a quantitative tightening plan next month and kept interest rates unchanged. The BOJ said on…

MARKET PREVIEW

Australia’s employment more than expected, U.S. PPI weaker than expected, U.S. unemployment claims jumped, U.S. Dollar remained strong

By Marios Kyriakou14/06/2024

Previous Trading Day’s Events (13.06.2024) PPI, U.S. producer prices, unexpectedly fell in May providing another indication that inflation was subsiding after surging in the first quarter.…

MARKET PREVIEW

Weaker than expected U.S. inflation, Fed keeps rates steady, U.S. Dollar weakened, U.S. indices jumped but Dow Jones closed lower. Bitcoin stays low

By Marios Kyriakou13/06/2024

Previous Trading Day’s Events (12.06.2024) Yesterday, the U.S. inflation data showed cooling shaking the markets as the monthly and yearly inflation figures were unexpectedly lower. However,…

MARKET PREVIEW

U.K.’s labour data raise the bets for a BOE rate cut soon, the U.S. dollar remained strong, Gold and Crude oil closed higher, U.S. indices experienced high volatility but remained at the same levels, Bitcoin slightly corrected from the drop

By Marios Kyriakou12/06/2024

Previous Trading Day’s Events (11.06.2024) The UK’s unemployment figure unexpectedly rose to the highest in more than two and a half years. The jobless rate climbed…

MARKET PREVIEW

Calm before the Inflation storm this week, Dollar remains strong and stable JPY depreciated notably, Gold retraced, Crude oil on an uptrend, Bitcoin dropped heavily

By Marios Kyriakou11/06/2024

Previous Trading Day’s Events (10.06.2024) ______________________________________________________________________ Winners vs Losers AUDJPY is currently leading for the week with 0.66% gains. It seems that the JPY is losing…

Author Marios Kyriakou