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Market Expected To Calm As Holidays Approach
The Week Ahead: Week Of 19 June (GMT+3) Monday, 19 June, All Day – US Juneteenth During the upcoming US holiday, the market is expected to be relatively calm, and it may be a suitable time for investors to take a break. Wednesday, 21 June, 9:00 – UK CPI (YoY) (May) In April, the ConsumerContinue Reading
Written on June 16, 2023 at 2:27 am
Categories: Weekly Outlook
Tags: Weekly Highlight Event
Hawkish Tone From The Fed After Rate Pause
While the Fed has paused rates at their June FOMC meeting, their hawkish tone has caused the dollar to rise The Federal Reserve kept the interest rate unchanged at 5.25%, in line with market expectations, as U.S. inflation showed signs of moderating. Despite a rate pause, the dollar quickly erased its losses as Jerome Powell,Continue Reading
Written on June 15, 2023 at 5:45 am
Categories: Daily Market Analysis
Tags: Daily Market Analysis
Higher Chance For Rate Pause With Softer CPI
Inflation came in lower-than-expected and versus the previous month, signalling a June pause on the Fed’s hiking cycle. The equity markets experienced gains, accompanied by a weakening of the dollar, following the release of the U.S. Consumer Price Index (CPI) yesterday. The U.S. CPI decreased to 4% from the previous month’s 4.9%, potentially influencing theContinue Reading
Written on June 14, 2023 at 5:45 am
Categories: Daily Market Analysis
Tags: Daily Market Analysis
Markets Waiting For CPI To Gauge Fed’s Next Move
The U.S. equity market witnessed a notable rally as investors expressed optimism about the possibility of the Federal Reserve pausing the rate hike The U.S. equity market witnessed a notable rally as investors expressed optimism about the possibility of the Federal Reserve pausing the rate hike, with the decision scheduled to be announced on Wednesday,Continue Reading
Written on June 13, 2023 at 6:06 am
Categories: Daily Market Analysis
Tags: Daily Market Analysis
Market Sideways Ahead Of U.S. CPI
Dollar movement remains muted as investors await inflation data as well as the upcoming FOMC meeting The upcoming week is expected to be quite busy for investors, as significant events are anticipated to have a profound impact on the market. The U.S. Consumer Price Index (CPI) will be released on Tuesday, setting the stage forContinue Reading
Written on June 12, 2023 at 5:57 am
Categories: Daily Market Analysis
Tags: Daily Market Analysis
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