Steamahead

After the holidays and end of year break, the markets will be going full steam ahead, with lots of important economic releases lined up for the first trading week of the year. Of course, most of the economic data will be focusing on the U.S. dollar. The week starts off with the PMI figures from the UK that cover manufacturing, services and co...

2018-01-17 John Benjamin Read more
Eurozone_Flash_PMI_3101

Summary: Eurozone flash GDP estimates show economic activity expanded 0.6% on the quarter in Q3 2017 Second quarter GDP was revised higher to 0.7% from 0.6% Inflation weakened in October as flash inflation data showed core CPI rising 0.9% and headline CPI rising 1.4% December ECB meeting will see release of the economic projectio...

2018-01-25 John Benjamin Read more
Mario Draghi

Summary: Investors gear up for the ECB's tapering announcement Expectations are for the central bank to cut its QE purchases by as much as 30 billion euro Scope of the re-calibration to be in effect for at least nine months starting January 2018 Majority of the QE re-calibration to come from the corporate bond purchases ECB ex...

2017-12-12 John Benjamin Read more
NFP_March nonfarm payrolls

The slow pace of the markets is likely to come to an end as traders prepare for a busy September. The week ahead will start off on a somewhat slow note but picks up the pace by mid-week. Economic data includes key market moving events such as the US GDP numbers and the flash inflation data from the Eurozone. Canada will also be reporting on th...

2017-08-28 John Benjamin Read more

While investors and traders alike eagerly anticipate the September monetary policy meeting, economic data from the Eurozone continues to show steady progress. This, in turn, is likely to put pressure on the European Central bank officials. At the last monetary policy meeting in August, ECB officials said that while the current pace of QE will r...

2017-08-09 John Benjamin Read more
ECB Draghi

The European Central Bank's meeting this week will most likely be a non-event as far changes to monetary policy is concerned. This includes the QE purchases staying unchanged at 60 billion euro per month while the key deposit and lending rates will remain steady. However, the fireworks could most likely come during the press conference when t...

2017-07-19 John Benjamin Read more
Eurozone_Flash_PMI_3101

The week ahead will some important economic releases that will no doubt fuel speculation for the upcoming central bank decisions in June. Wage and price data will most likely influence the FOMC and the ECB meetings coming up later during the month. It will be an especially busy week in the US starting Thursday as the markets move into a new tr...

2017-07-26 John Benjamin Read more
ECB_Mario Draghi_0512

Summary: ECB meets in the backdrop of the French elections No changes to monetary policy are expected at this week's meeting ECB officials maintain that current policy is appropriate Only concrete signs of an increase in inflation will see an appropriate policy response from ECB officials The European Central Bank will be meet...

2017-04-25 John Benjamin Read more
ECB GDP Draghi

Consumer prices in the eurozone which were seen making a lot of noise in the first few months of the year were seen pulling back after consumer prices touched 2% in February. Data released by Eurostat last week showed that consumer price index in the Eurozone increased 1.5%, slower than February's 2% increase and was seen to be slower than the ...

2017-04-04 John Benjamin Read more
Eurozone_EU Inflation

The markets will be moving into the final trading week of the month of March, and the economic calendar is somewhat light, which increases the risk sentiment based on politics. Some of the important economic events that stand out this week include the GDP figures from the U.S., UK, and Canada while preliminary PMI's and inflation figures will ...

2017-03-27 John Benjamin Read more