As earnings season on Wall Street hits full pace and the great and good of finance convene in Davos for the annual World Economic Forum, forex traders are looking at the first European Central Bank meeting of 2018 and the preliminary GDP prints for the final quarter of last year [...]
The Bank of Canada is widely expected to raise rates this week as earnings season on Wall Street looks likely to drive global equity markets. Wall Street Earnings Banks unofficially kicked things off last week and now earnings season on Wall Street gets into full stride. Financials make most of [...]
Corporate earnings pick up steam on both sides of the Atlantic, while in FX the main focus is the monthly CPI and retail sales data from the US. US Retail Sales & Inflation The US inflation conundrum rears its head once again with CPI data for December due on Friday [...]
The New Year kicks off with a bang as traders return to their desks. US nonfarm payrolls and minutes from the most recent FOMC meeting are on tap, while a trading update from Next is the main event on the corporate front. Nonfarm Payrolls The major event is the monthly [...]
A quiet period for some but the week between Christmas and New Year can often see a rally in equities. Heading for a Santa Claus Rally? Stocks usually rise in December, so the data tells us. But most of the gains are reserved for later in the month and the [...]
Inflation data from the US and Eurozone are the last big economic releases of the year, while the Bitcoin craze continues with the launch of futures by CME. CME Bitcoin Futures The launch of Bitcoin futures by CBOE delivered the wild ride that most expected. Trading was halted twice in [...]
Central banks are the focus this week with the Federal Reserve, European Central Bank and the Bank of England all in action. With the ECB and BoE expected to stand pat, the Fed is the star attraction as it is anticipated to raise rates again and release fresh forecasts for [...]
Despite a paucity of corporate earnings, there is no shortage of fodder for traders as we approach a key moment for Brexit, the final nonfarm payrolls release before the Fed’s December meeting and a good smattering of PMI releases to chew on. Brexit Monday kicks off with British prime minister [...]
Oil is the asset in focus as OPEC discusses a potential extension of production curbs, while in equities all eyes are on British banks with the Bank of England’s stress tests due out. OPEC Oil grandees from the Organization of Petroleum Exporting Countries (OPEC) convene in Vienna for their semi-annual [...]
This week the inflation data from the US and UK will be closely watched. UK Inflation Following the Brexit talks and some turmoil in the cabinet over the last few days, the focus for sterling traders returns to the data this week. On Tuesday is the release of the latest [...]