Global Market Weekly Recap: November 18 – 22, 2024
Global markets rallied despite heightened Russia-Ukraine tensions, with gold and oil gaining on safe-haven flows while bitcoin neared record highs.
Read MoreGlobal markets rallied despite heightened Russia-Ukraine tensions, with gold and oil gaining on safe-haven flows while bitcoin neared record highs.
Read MoreMajor currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied on geopolitical fears while commodity currencies gained on rising oil prices.
Read MoreWe’re seeing the first readings of Euro Area business conditions in November! What trends should you watch out for and how does the euro usually react to the results?
Read MoreToday’s stronger-than-expected UK CPI print potentially sets up EUR/GBP for continued downside movement in the short-term. Will the bears step in for now?
Read MoreToday we saw a stronger-than-expected Canadian CPI print, potentially setting up CAD/CHF for a continued upside move in the short-term.
Read MoreWeak U.K. inflation readings would support BOE members’ expectations of “gradualism” and likely drag GBP lower against counterparts like NZD and JPY.
Read MoreWill the CPI report support the Bank of England’s (BOE) gradual easing approach? Or will rate cut expectations pick up again on potentially weak results?
Read MoreCanadian CPI is expected to show persistent price pressures, all while CAD/CHF is testing trend line support and EUR/CAD is eyeing a key resistance.
Read MoreCan Canada’s upcoming CPI reports boost Bank of Canada (BOC) easing expectations? Here’s what I’m watching on GBP/CAD and CAD/JPY in case the inflation figures fall short again.
Read MoreWe’ve got a fresh batch of leading economic indicators on this week’s docket! Apart from the global flash PMI readings, CPI reports from the U.K. and Canadian economy could also spur additional volatility among forex pairs.
Read MoreWith the Bank of Canada (BOC) still one of the more dovish central banks out there, can the upcoming Canadian CPI report boost their easing odds soon?
Read MoreThis week our currency strategists focused on the U.K. Employment Report & Australia’s Employment Report for potential high-quality setups. Let’s see how they played out!
Read MoreFX traders seemed to shift their attention away from the U.S. elections aftermath and back to fundamental factors, as well as central bank policy expectations.
Read MoreFinancial market action were a mixed bag this week, as some asset classes like bitcoin were still riding the post-election high while others shifted back to economic and interest rate expectations.
Read MoreThe Land Down Under is gearing up to print its latest employment data, and a potential miss could be enough for traders to doubt the RBA’s hawkish stance. Here’s what I’m watching on AUD/NZD and EUR/AUD in this scenario.
Read MoreAustralia may added jobs in October, but at a slower pace compared to September. Here’s why we’re looking REALLY closely at AUD/CHF and AUD/CAD!
Read MoreAustralia is expected to add fewer jobs, which could fuel calls for an RBA interest rate cut. What are traders expecting from the event anyway?
Read MoreUncle Sam’s October CPI could promote U.S. dollar volatility, with manufacturing prices surging even as service sector inflation cools off.
Read MoreUnless the report’s components all point to a strong labor market and sticky high wage pressures, GBP traders could still price in further BOE rate cuts.
Read MoreWith the BOE emphasizing a “gradual approach” to easing, can the upcoming U.K. jobs release further dampen hopes of another interest rate cut soon? Here’s what I’m watching on GBP/CHF and GBP/CAD if that happens.
Read MoreIn times of change, the learners shall inherit the earth, while the learned find themselves beautifully equipped to deal with a world that no longer exists.Eric Hoffer