Shaken last Friday by an appalling pair of PMIs, sterling got its mojo back on Monday after a monthly poll of polls put the Tories on course for an 80 seat majority. Though you’d think any kind of Brexit would spook the pound, at this point it just wants it [...]
Just like the advice given to a beginner in any business, failing to plan is seen as the basis for planning to fail. Following a written plan definitely helps a trader to succeed in forex business just like any other. A written plan may not ensure guarantee in the forex [...]
Wall Street is rocking after some hefty falls for the major indices, but there could be succour in the form of earnings as the Q1 season gets underway on Friday. Earnings Season Wall Street is rocking after some hefty falls for the major indices, but there could be succour in [...]
Spotify IPO, Eurozone inflation and US nonfarm payrolls are the big events for markets in the coming days. Spotify IPO The unconventional initial public offering (IPO) of Swedish streaming service Spotify (SPOT) on April 3rd is the headline event this week. Unlike traditional market debuts, the company is using a [...]
The Fed is all but certain to raise rates, but will policymakers revise up their forecasts for the number of hikes in 2018? Federal Reserve The US Federal Reserve is widely anticipated to raise interest rates again this week, the first of three or even four hikes forecast in [...]
Italian elections and an important European Central Bank could create volatility for the euro, while Brexit talks are sure to impact sterling. Italian Elections A key election but this does not appear to pose the same kind of risk as was perceived before the constitutional referendum of December 2016. Italians [...]
Eurozone final CPI inflation for January will be among the main events in the forex markets as traders look to see whether the data supports the hawks or the doves on the European Central Bank’s governing council. Eurozone Inflation On Friday, Eurozone final CPI inflation for January will be among [...]
FX markets have taken rising bond yields and the prospect of tighter Fed policy in their stride; it was the equity markets that reacted violently to a re-pricing of US monetary policy. With this in mind the week ahead contains some key releases on US inflation and retail sales that [...]
Following the Fed’s marginally hawkish shift last week, picking up the central bank mantle in the coming days are the Bank of England, Reserve Bank of Australia and the Reserve Bank of New Zealand. Bank of England Is the Bank of England mulling another interest rate hike sooner rather than [...]
After a rout in the US dollar focus shifts to whether inflationary pressures are building enough to persuade the Federal Reserve to hike more aggressively than it has been doing. State of the Union Address President Trump sets out his priorities for the year ahead and recaps the last 12 [...]