Midweek Market Podcast – September 8

HotForex · Midweek Market Podacst – September 8 The big miss for the headline NFP and the Labor Day weekend has seen a reverse in the fortunes of the USD…

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Dollar fights back

Overnight Headlines *USD jumped 0.5%, advancing against all of its major peers *US stocks were broadly lower, Nasdaq notched a record close *Gold drops below $1800, falling back to trendline…

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The Dollar Story ahead of ECB!

The US and Canadian markets are closed today for Labor Day hence ıt will be a quiet start to a week that is busy with central bank decisions and a…

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Data deluge

Overnight Headlines *USD ended the day modestly lower, closing at 92.62 *US stocks retreated from record highs amid mixed data *Oil prices backed off four-week highs, OPEC+ meeting today *Australian…

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725k median NFP print expected

Overnight Headlines *USD extended losses as possible sub-par NFP looms *US stocks rose but tech underperformed *Oil prices rebounded to near one-month highs USD continues to struggle, down nine days…

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Events to Look Out for Next Week

The RBA, BOC and ECB policy meetings and press conferences are the central bank highlights this week even though they are unlikely to offer up any changes of their policies,…

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Reuters poll: Dollar awaits Fed action, ECB to slow bond purchases

Reuters released details of a fresh economic survey concerning the US dollar trend and the European Central Bank (ECB) moves during early Friday. “The

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Eurozone Inflation hits 10-year high, CAD GDP Disappoints

EURUSD, H1 Eurozone HICP inflation hit 3% in August, up from 2.2% y/y in the previous month and indeed a much higher number than anticipated. Excluding energy, prices lifted 1.7%…

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Market Update – August 13

Market News Today – Virus developments and China’s regulatory curbs remain the main themes for Asian markets. Chinese internet giants were pressured and chipmakers also struggled. Chinese authorities continue to try and get…

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IBEX 35 Analysis: Rally Continues Despite Virus Fears, Focus Shifts to Fed

IBEX 35 continues to rally as the ECB remains extremely accommodative and virus fears subside. Will the upcoming Federal Reserve rate decision derail the index’s progress?

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