Tag: inflation

Davos World Economic Form
January 19, 2024 BY Elizabeth Anderson

Global markets wait for ECB statement regarding rate cuts

Despite the positive survey from over 60 global chief economists, investors and industry experts are reconsidering when the cuts will come largely because the major global economies have failed to get inflation consistently under its 2% target. Last week, markets predicted a 75% chance of US rate cuts in March of this year. This week,…

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January 17, 2024 BY Elizabeth Anderson

Weekly data: focus on inflation

There was no significant activity among major central banks last week, but expectations of a single cut by the Federal Reserve (‘the Fed’) at the end of this quarter remain high. According to CME FedWatch Tool, around 55% of participants expect five cuts to the funds rate between 20 March and 18 September, which would…

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January 17, 2023 BY Steffy Bogdanova

Weekly data: inflation around the world

Meanwhile the bank of Canada reached 4.25% last month and seems likely to call for another single hike next week. Inflation in Canada isn’t at the same crisis area as in the EU and seems to be dropping more quickly as well, so it might be that the end of this cycle of tightening is…

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September 13, 2022 BY Steffy Bogdanova

Weekly data: American and British inflation ahead

The situation on the chart has followed these changing fundamentals quite closely, with the euro making gains over the last week to a high of around a month, breaking clearly above $1.01 and the 50-day moving average from Bands. There seems to be more scope for the common currency to continue upward and possibly test…

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Daily Market Commentary
September 13, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar index hedges down, as markets await the release of US inflation data

European Shares Share markets continued to trade higher on Tuesday, registering modest gains as traders start bracing for today’s highly awaited US CPI figures. Most EU indices were in the green while Treasury markets dipped across the old continent after risk appetite found more support following reassuring inflation data from both Germany and Spain this…

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July 26, 2022 BY Steffy Bogdanova

Weekly data: FOMC and US GDP in the spotlight

The main downtrend is still active with the price below all of the 50, 100 and 200 SMAs, but there is no longer any sign of oversold from either the slow stochastic or Bollinger Bands; the former at around 65 is between neutral and overbought. The next movement for EURUSD depends on the reaction to…

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