Week Ahead – Highlights include: US PCE & GDP, BoC, Flash PMIs, Aus & NZ CPI
MON: BoJ Minutes (Dec); Australian Flash PMIs (Jan). TUE: Australian NAB Business Confidence (Dec), German GfK (Feb), EZ, UK & US Flash PMIs (Jan), New Zealand CPI (Q4), UK CBI Trends (Jan). WED: BoC Policy Announcement; Australian CPI (Dec/Q4), German Ifo (Jan). THU: CBRT Minutes & Inflation Report (Jan), US Durable Goods (Dec), GDP Advance […]
China is on holiday all next week. Hong Kong and Singapore also for around half of it.
A heads up for Asian timezone holidays coming up next week. There are a lot of them. Singapore and Hong Kong are major forex trading centres so their absence will create a big hole in FX market liquidity. China is the world’s second-largest economy and while not a major centre for global forex trade their […]
Forexlive Americas FX news wrap: Fed’s Waller gives the market a boost to end the week
There was little in the way of economic data today, but there was some final Fedspeak to end the week. It also would the last opportunity for Fed officials to speak ahead of their blackout period before the Fed meeting and decision on February. Fed’s George and Waller were both speaking. George is not a […]
The Week Ahead – Earnings may reveal cost of high interest rates
EURUSD steadies over inflation relief The euro holds steady as inflation slows down. With prices of oil and gas falling back, Europe could put the much-daunted winter behind. Inflation effectively decelerated in the Euro zone in December, which would give policymakers some relief. Easing pressures have triggered expectations that the ECB might […]
ForexLive European FX news wrap: Yen falls, dollar steady in final stretch of the week
Headlines: Markets: NZD leads, JPY lags on the day European equities slightly higher; S&P 500 futures up 0.1% US 10-year yields up 4 bps to 3.433% Gold down 0.2% to $1,927.98 WTI crude up 0.2% to $80.49 Bitcoin up 0.3% to $21,014 It was a relatively quiet session with the dollar sitting more mixed across […]
Events to Look Out For Next Week
Recession fears are making a comeback and concern over the growth outlook are boosting haven flows and weighing on equities. The coming week features several PMI and GDP reports and sticky inflation out of Australia and New Zealand, while the BoC rate decision and policy statement will be in the […]
Economic calendar for the week 16.01.2023 – 22.01.2023
2023.01.17 2023.01.17 Economic calendar for the week 16.01.2023 – 22.01.2023 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Review of the main events of the Forex economic calendar for the next trading week (16.01.2023 – 22.01.2023) Despite Friday’s correction, the dollar ended the week in negative territory, with its DXY index losing more than 1.5% and ending up even closer to […]
Traders return to busy earnings week
Here is what you need to know on Tuesday, January 17: Traders return today after a long weekend in the US, and initial signs are for a muted start to the week. Data overnight from China was positive, but we failed to see a positive push forward from commodities. Europe then added to the bullish sentiment […]
Week Ahead: Highlights include US retail sales, China data, ECB minutes, UK data
Week Ahead January 16-20th: Highlights include US retail sales, China activity data, ECB minutes, UK data MON: Eurogroup Meeting; Chinese GDP (Q4), House Prices, Industrial Output & Retail Sales (Dec). TUE: OPEC MOMR; German Final CPI (Dec), UK PPI (Nov), Unemployment (Nov), German ZEW (Feb), Canadian CPI (Dec), Australian Consumer Sentiment (Jan). WED: UK CPI […]
Executive Moves of the Week
As 2023 starts and we move forward in January, we witness more of a pickup in the quantity of executive roles being onboarded in the forex, crypto and fintech industries. Let’s review the executives that have taken on new roles and challenges in our executive moves roundup of the week. CGS-CIMB Securities Has Promoted Michael […]