Browsing Tag

Inflation

Dow Hits Record High After Dovish Fed Report

David Kindley Dec 14, 2023 83 0

Stock indices jumped on dovish and optimistic FOMC, as the Dow hit record highs. The Fed gave the market an early holiday gift as they spoke positively about inflation lowering into next year. So, the big question now is not if, but…
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Fundamental Analysis

Bank of England (BOE): How Long Can It Stave Off Cuts?

Daniel John Grady Dec 13, 2023 59 0

The consensus among analysts is near-unanimous that the Bank of England BOE will keep rates unchanged at the upcoming meeting. Where the market could react more strongly is in potential changes to expectations for next year. And that could…
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Technical Analysis

Intraday Analysis – XAU grinds lower

Jing Ren Dec 13, 2023 43 0

XAUUSD seeks support Gold softens against the dollar as US core inflation remains sticky despite an overall downtrend. The price is still in search of support after a recent spike above 2120. A drift below the immediate support of 2040…
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Fundamental Analysis

ECB Meeting: When Will The Cuts Come?

Daniel John Grady Dec 12, 2023 68 0

The upcoming ECB meeting is expected to be a lively one, as far as central bank gatherings go. There is a lot to discuss, and there seem to be quite a lot of differences between the monetary policy setting committee members. This could lead…
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Fundamental Analysis

US CPI, Fed’s Last Rate Decision of the Year

Daniel John Grady Dec 11, 2023 77 0

All eyes are on Wednesday's FOMC meeting, in which it might be revealed that the Fed won't hike any more this cycle. But, before then, the release of US inflation figures tomorrow can set up expectations even as the members of the…
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Technical Analysis

The Week Ahead – Return of the bull?

Jing Ren Dec 8, 2023 61 0

EURUSD consolidates ahead of ECB meeting The euro steadies as the market hopes for a hawkish turn in monetary policy. Inflation across the Euro zone saw a sharp retreat with the latest print at 2.4%, from over 10% just a year ago. More…
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Fundamental Analysis

UK Employment: Helping the BOE End Tightening?

Daniel John Grady Dec 8, 2023 82 0

The UK will be releasing a barrage of data next week in the lead up to a pivotal BOE meeting. That makes it difficult to predict exactly what the central bank will do, since several of the data points might move market expectations. The…
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Fundamental Analysis

US Nov NFP: Lining Up the Fed

Daniel John Grady Dec 7, 2023 65 0

The recent data releases suggest that the all-important NFP tomorrow will show the labor market continues to cool. This would likely affirm the growing consensus that the Fed is soon to shift to rate cutting mode. But, as expectations…
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Fundamental Analysis

BOC Rate Decision: Hawkish Hold?

Daniel John Grady Dec 6, 2023 60 0

Canadian data of late has been something of a mixed bag, which puts some uncertainty into what the BOC could do. There is a pretty strong consensus that there won't be any change in the interest rate. But what could move the markets is how…
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Fundamental Analysis

RBA Expected to Keep Rates Unchanged, but How Hawkish?

Daniel John Grady Dec 4, 2023 44 0

The AUDUSD has been on an upswing, of course aided by a weaker dollar. But the recent data out of Australia can make the case of a stronger Aussie. It's quite possible that even if the RBA holds rates unchanged, as expected, the pair could…
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