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Hot news
USD/JPY Poised for Rally Amid Potential Fed Policy Shift at Jackson Hole
Credit Agricole is forecasting a potential rally in USD/JPY, driven by shifts in market expectations following Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole Economic Symposium. The bank suggests that traders may need to adjust their outlook on the Fed’s rate-cut trajectory, depending on Powell’s tone. Current market data, as indicated…
21 August 2024
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All Eyes on Powell’s Jackson Hole Speech as Markets Seek Clues on September Rate Cut
Federal Reserve Chair Jerome Powell’s upcoming address at the Jackson Hole Economic Symposium is set to be the highlight of the event, with market participants eagerly awaiting any hints about a potential interest rate cut in September. Traders are keenly anticipating Powell’s speech, wondering whether he will use this platform to signal a forthcoming…
16 August 2024
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Red Monday: Calls for Emergency Fed Rate Cut Grow
U.S. stocks suffered their worst day since 2022 on Monday, with the S&P 500 dropping 3.0%, the Nasdaq falling 3.4%, and the Dow Jones Industrial Average plunging by 1,033 points. All sectors ended in the red, with mega-cap tech stocks hit hardest—NVIDIA dropped as much as 15% during the day before recovering slightly to close…
06 August 2024
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Markets Brace for Central Bank Decision Marathon
This week brings a major central bank lineup, with decisions from the Bank of Japan, Federal Reserve, and Bank of England all set to arrive within a 32-hour window, keeping market activity subdued in anticipation. The Bank of Japan’s decision is the most unpredictable, with market sentiment split between a 60% chance of a…
30 July 2024
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Top Economic Events To Watch | April 8 – April 12 – 2024 | April [Hot news]
This week, keep an eye on crucial economic indicators and central bank decisions that could sway market sentiment 👀 Events such as the release of March’s Consumer Price Index (CPI) and Core CPI, along with the Bank of Canada and European Central Bank interest rate decisions, will be closely watched by investors. Additionally, market participants…
13 July 2024
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BOJ Faces Tough Call as Inflation Pressures Mount Ahead of Policy Decision
Japan’s latest inflation data has raised the stakes for the Bank of Japan’s policy meeting, with wholesale prices climbing at their fastest annual pace in nine months. Producer prices surged 2.4% year-on-year in May, up sharply from 1.1% in April and surpassing consensus forecasts of 2.0%. The figures underscore how a weak yen is inflating…
13 June 2024
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Global Politics in Focus: Trials and Elections Drive Market Volatility
Investors are navigating a week dominated by political headlines, as high-profile legal battles in the U.S. and pivotal elections in Mexico and India weigh on sentiment across currencies and risk assets. U.S. Trials Add Political Tension In the U.S., former President Donald Trump was convicted last week on 34 counts of falsifying business records. While…
05 June 2024
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