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More Economy Indicators From Major Countries Are Coming Next Week
Thursday, 28 September, 15:00 – EU German CPI (MoM) (Sep) In August, Germany’s inflation remained stable, as indicated by the Consumer Price Index (CPI). Inflation in the eurozone remains elevated, and investors are concerned that additional rate hikes could potentially trigger a recession, further negatively impacting the country’s current economic situation. Thursday, 28 September, 15:30Continue Reading
Written on September 22, 2023 at 1:23 am
Categories: Weekly Outlook
Tags: Weekly Highlight Event
Fed’s Rate Pause And Dollar Fluctuating
After the FOMC statement was unveiled yesterday, the dollar index held its ground firmly above the pivotal $105 level, putting pressure on gold prices. In the aftermath of the FOMC statement unveiled yesterday, financial markets fluctuated as investors dissected the nuanced signals emanating from the Fed’s leadership regarding its policy outlook. The dollar index heldContinue Reading
Written on September 21, 2023 at 7:18 am
Categories: Daily Market Analysis
Market Mutes Ahead Of FOMC Statement
Awaiting the FOMC interest rate decision, the dollar index halts, reflecting market expectations of today’s announcement may bring a temporary pause. In the lead-up to today’s eagerly awaited FOMC interest rate decision, market volatility has remained relatively subdued. The dollar index maintains its position above the $105 mark, reflecting market expectations of another rate hikeContinue Reading
Written on September 20, 2023 at 5:44 am
Categories: Daily Market Analysis
Gold Prices Continue To Surge Ahead Of The FOMC Statement
Gold prices have been increasing since last Friday, driven by widespread market expectations that the Fed will maintain its interest rates in September. The Dollar Index has remained relatively stable but at a robust level above the $105 threshold. This steadiness aligns with the prevailing sentiment in the equity markets as investors await the forthcomingContinue Reading
Written on September 19, 2023 at 5:35 am
Categories: Daily Market Analysis
Dollar Dips As Investors Take Profits Ahead Of FOMC Meeting
The US dollar recently retreated as investors capitalized on upbeat US economic data where 97% anticipate interest rates will remain stable. The US dollar recently retreated as investors capitalised on upbeat US economic data before the Federal Reserve’s forthcoming policy meeting, where 97% anticipate interest rates will remain stable. Simultaneously, gold rebounded after a briefContinue Reading
Written on September 18, 2023 at 5:57 am
Categories: Daily Market Analysis
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