Inflation

USDJPY to test major resistance The US dollar surged after consumer prices hit a 40-year high. Higher lows and then a close above the recent peak at 115.65 is an indication of strong bullish pressure. This breakout has propelled the…
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Next Thursday we get the latest inflation data from the US, and overall, it could be bad news for the economy. However, there is so much agreement that inflation is going to be high, and most investors are pricing in a rate hike by the Fed…
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There is a general shift in the economic situation going on, particularly in Europe. But, the difference in monetary policy in response to a similar situation on either side of the English Channel could provide some interesting investment…
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A recent analyst note circulated by Goldman Sachs painted a somewhat negative picture for gold this year. The investment firm saw the price of the precious metal heading lower for the foreseeable future, citing primarily the effects of…
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Markets got a bit shaken after we got the ADP employment figures for January yesterday. Of course, we should note that ADP has lost its reputation for being able to predict where the NFP will come out. However, it can still influence…
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Out of the two central bank meetings happening tomorrow, the main expectation for the ECB meeting is to not be a major event. Generally, there is a pretty broad consensus that the central bank will keep its policy on hold for at least…
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EURUSD falls over divided ECB The euro falters as the ECB lags behind its US counterpart in monetary normalization. While eurozone inflation hit a record high of 5% in December, the ECB is still debating whether price pressures will…
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While economists expect the EU to have had good results in their economy last quarter, that probably won't remain the case for long. Goldman Sachs expects the eurozone's economy to grow faster this year than the US economy. But, that…
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There are a lot of market expectations ahead of the FOMC's meeting which concludes tomorrow. We've been seeing swings in the markets lately, including unusual behavior from US stocks on Monday. These are largely due to changing expectations…
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Australia had something of a positive start to the week. Specifically, headlines have been speculating that the country has surpassed the peak of covid infections from the current omicron wave. The highest number of daily cases so far…
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