Pippo

With not a lot of fresh catalysts, the major assets either extended their moves or pulled back ahead of this week’s awaited calendar events.

The RBA maintained its cash rate at 4.35% while adopting a notably more dovish stance, removing previously hawkish guidance & signaling growing confidence in inflation’s return to target.

Markets started the week with dramatic moves as China promised looser policies and Syria’s Assad regime collapsed over the weekend, shaking up commodities and equity markets.

Markets widely expect BOC members to cut interest rates by another 50bps. How may CAD react to the adjustment? We have the deets you need to know if you’re trading the event!

Is the Reserve Bank of Australia (RBA) gearing up for another hawkish policy statement? Or are we about to see a dovish shift this time?

We’ve got FOUR major central bank decisions lined up, along with key inflation reports from the U.S. that could influence the Fed’s rate decision next week!

This week featured busy mix of NFP positioning, central bank biases, trade concerns, and political uncertainty all pushing major currencies around.

Investors had plenty to work with throughout the week, as financial markets reacted to geopolitical developments and priced in expectations for the highly-anticipated OPEC+ decision and the U.S. NFP report.

Bitcoin hit a key milestone even as other major assets saw pullbacks or ranges. Meanwhile, USD extended its losses ahead of Friday’s U.S. jobs reports.

Recent jobs-related reports supported a December Fed rate cut. Will the November jobs numbers strengthen the markets’ dovish Fed expectations?