Daily Digest:
w/c 15 July - Financials earnings reports kick off the week, then we get Netflix results Thursday. US Retail Sales is the standout macro data this week on Tuesday. We also get the latest ECB interest rate decision on Thursday.

Current Market Analysis

The analysis of markets is a critical part of the trading decisions of any trader or investor. The individual trader or trading group may have a preference for: Macroeconomic Analysis, Microeconomics Analysis, Fundamental Analysis, Behavioural Analysis, Quantitative Analysis and Technical Analysis. But whichever approach is employed, it is through this analysis that the trader decides:

  • If to buy or sell an asset
  • At which levels to enter a trade
  • At which level to put the target to hopefully take profit on the trade
  • Or, if the analysis proves incorrect, when and where is the trade wrong and at which level to exit the trade.

In this section we provide daily, real time market views including currency pairs forecasts, primarily through the approach of Technical Analysis, but also by utilising other approaches to market analysis. Many of our analyses also contains a video explaining the analyses. Click here for all video analyses and here for all forex news.


Intermediate

Stocks up again with rotation dominant, as US CPI cools

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank focus will be on the ECB Interest Rate Decision and Monetary Policy Statement on Thursday. Macro Data Watch: The main macro data releases this week are inflation data from the UK, EU, Canada and Japan, Retail Sales from China, Germany … Continued

Intermediate

Asset Bubbles Beware

Global debt has soared to a record $307 trillion, rising by a staggering $100 trillion over the past decade, and now represents 340% of world GDP. This is why there is no easy escape from the upcoming recession. The salve to bring economies back after a drop in asset prices and contraction in growth has … Continued

Intermediate

US and global stock indices at record highs, as US economy cools

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Fed Chair Powell testifies to Congress on Tuesday. The only other central bank activity of note is the Reserve Bank of New Zealand Interest Rate Decision and Monetary Policy Statement on Wednesday. Macro Data Watch: The main macro data release this week … Continued

Intermediate

SNB cuts rates, BoE holds, US stock averages eke out weekly gains, despite Nvidia setback

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank activity is light this week with the focus on Fed speakers. Macro Data Watch: The main macro data releases this week are the global CPI data throughout the week. But the main focal points for the week will be the … Continued

Intermediate

US indices rally to records again but European averages suffer from political woes

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank focus will be on the RBA Interest Rate Decision on Tuesday, BoJ Monetary Policy Meeting Minutes Wednesday and PBoC and SNB Interest Rate Decisions on Thursday. But the main spotlight is on the BoE Interest Rate Decision and Monetary Policy … Continued

Intermediate

US stocks averages hit record levels, ECB and BoC cut, US CPI and Fed now in focus

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activities this week is the FOMC Interest Rate Decision and Policy Statement on Wednesday. One other release of note is the Bank of Japan Interest Rate Decision and Policy Statement on Friday. Macro Data Watch: The main macro … Continued

Intermediate

Stocks dip with “higher for longer fears”, with PMI and US jobs data now in focus

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The main central bank activities this week are the Bank of Canada Interest Rate Decision and Policy Statement on Wednesday and the EU Monetary Policy Statement on Thursday. Macro Data Watch: The main macro data released this upcoming week are the global … Continued

Intermediate

Economy Slowing Slipping into Recession, But Not There Yet

The recent spate of economic data continues to point to a weakening economy, but one that is not yet precipitously falling into recession. The Philly Fed Index was released late last week. The diffusion index for current general activity declined 11 points to 4.5 in May. The index for new orders declined from 12.2 to … Continued

Intermediate

Nvidia Surges, but Fed Minutes Signal Hawkish Bias

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank activity is light this week but watching Fed speakers in the last week before the FOMC External Communications Blackout Period from 1st June. Macro Data Watch: The main macro data releases this week are the German CPI data on Wednesday, … Continued

Intermediate

US and global stick averages hit record levels after dolling US CPI

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Central bank focus will be on the PBoC interest rate decision Monday, the RBA Meeting Minutes Tuesday and the RBNZ interest rate decision Tuesday. But the main spotlight will be on the FOMC Meeting Minutes Wednesday, as well as Fed speakers through … Continued

Intermediate

Global stock averages retreat with higher oil price and Fed rate cut worries

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: The most important central bank activities this week are the FOMC Minutes on Wednesday ECB Monetary Policy Decision and Statement on Thursday. We will also observe the RBNZ and BoC Interest Rate Decisions and Statements Wednesday. Macro Data Watch: Global CPI data … Continued

Intermediate

Stocks Stay Strong Ahead of PMI and US NFP Reports

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: No Central Bank activity of note, but we are watching for further indications for the path of future US interest rates from FOMC speakers. Macro Data Watch: Global PMI data is released through the week, with the US ISM PMI data of … Continued

Intermediate

Global Stocks Stay in Bull Mode as Global Central Banks Gear Up for Rate Cuts

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: No Central Bank activity of note, but we do get the Bank of Japan Monetary Policy meeting minutes on Monday. This should give further insight after last week’s interest rate hike. Plus, after last week’s Fed meeting we are watching for further … Continued

Intermediate

Warmer US Inflation Data Puts Focus on the Fed’s Dot Plot Chart This Week

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: A busy week for Central Banks highlighted by interest rate decisions from the BoJ and RBA Tuesday, the PBoC and FOMC Wednesday and the BoE Thursday. Macro Data Watch: Lots of data to be released this week with the focus being global … Continued

Intermediate

US Industrial Production and Michigan Consumer Sentiment Expectations – 15th March

What to expect from US Industrial Production data Scheduled for release at 14:15 GMT on Friday, March 15, the US Industrial Production data for February is highly anticipated by economists, policymakers, and investors. This report provides crucial insights into the performance and trends within the manufacturing, mining, and utility sectors, offering valuable indications of economic … Continued

Intermediate

US PPI and Retail Sales Preview – 14th March

What to expect from US PPI data The upcoming US Producer Price Index (PPI) report, scheduled for release on Thursday, March 14th at 13:30 GMT, is poised to offer critical insights into inflationary pressures within the economy, particularly at the producer level. Analysts’ consensus estimates for February’s PPI report indicate expectations for modest inflationary growth. … Continued

Intermediate

US CPI Report Preview – 12th March

What to Expect from the US CPI Report Scheduled for release on March 12th, 2024, at 12:30 GMT, the US Consumer Price Index (CPI) report for February is poised to attract significant attention from economists, policymakers, and investors alike. This report offers crucial insights into inflationary trends, guiding monetary policy decisions and shaping market expectations. … Continued

Intermediate

US Stock Averages Hit New Records, After Mixed Messages From Powell; US CPI In Focus This Week

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Nothing of note from central banks this week, but as ever Fed speakers must be watched. Macro Data Watch: The standout data for the week will be US CPI on Tuesday, plus we also get the UK Employment report and German CPI … Continued

Intermediate

US Employment Report Preview – 8th March

What to Expect from the US Employment Report As anticipation builds for the release of the US Employment Report, economists and market analysts are closely scrutinising various indicators to gauge the health of the labour market and broader economy. Here’s what to expect from the upcoming report based on recent data and expert forecasts. Economists … Continued

Intermediate

UK Spring Budget 2024 Recap

The UK Spring Budget is a pivotal event in the nation’s fiscal calendar, where the Chancellor of the Exchequer outlines the government’s taxation and spending plans for the upcoming financial year. This annual presentation typically occurs in March and serves as a platform for the Chancellor to address Parliament and the public, detailing key economic … Continued

Intermediate

Fed’s Powell to Testify Before Congress

Current Climate: US Economy and Fed Speakers Outlook Federal Reserve officials have recently conveyed a cautious stance regarding the possibility of swift interest rate cuts, reflecting their assessment of the current state of the US economy. Governor Michelle Bowman, among others, emphasised the importance of maintaining the policy rate steady, citing potential risks to inflation … Continued

Intermediate

UK Budget Report Preview – 6th March

What to Expect from the UK Budget Report The UK Budget Report, scheduled for presentation by Treasury Chancellor Jeremy Hunt on Wednesday, 6th March at 12:30 GMT, is poised to address critical fiscal and economic matters impacting the nation. Traditionally, the Budget serves as a roadmap for the government’s financial plans for the upcoming fiscal … Continued

Intermediate

Nasdaq Hits Record High; Powell and US Employment in the Spotlight

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: A notable week for central banks, as we see the Bank of Canada (BoC) interest rate decision Wednesday, followed by the European Central Bank (ECB) Interest Rate decision, Statement: and Conference Thursday. Plus, an important focus will be as Fed Chair Jerome … Continued

Intermediate

Global Manufacturing PMI Preview – 1st March

What to Expect from US PMI data The upcoming release of US PMI data is highly anticipated by analysts and investors, providing crucial insights into the performance of the manufacturing sector. S&P Global is set to release its Manufacturing PMI for February at 2:45 GMT, with expectations hovering around 51.5, matching the flash estimate reported … Continued

Intermediate

US PCE Preview – 29th February

What to Expect from the US PCE Data The upcoming US Personal Consumption Expenditures (PCE) data release, scheduled for 13:30 GMT on Thursday, February 29th, is expected to provide insights into the trajectory of inflation in the United States. Economists anticipate that the report will confirm January’s setback in the battle against rapid cost-of-living increases. … Continued

Intermediate

US GDP and EU Consumer Confidence Preview – 28th February

What to expect from the US GDP data The upcoming first revision of Q4 US GDP data, scheduled for Wednesday, February 28th at 13:30 GMT, is highly anticipated as it provides a comprehensive assessment of the nation’s economic performance during the fourth quarter. This data, released by the US Bureau of Economic Analysis, offers insights … Continued

Intermediate

US Durable Goods and Consumer Confidence Preview – 27th February

What to expect from the US Durable Goods data Investors and economists eagerly await the release of the US Durable Goods data, scheduled for 13:30 GMT on Tuesday, February 27th. The report by the US Census Bureau provides crucial insights into the health of the manufacturing sector and broader economic activity in the United States.  … Continued

Intermediate

US and global stock averages hitting record levels, with Nvidia surging again

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: A very quiet week for central banks, but we do see the Reserve Bank of New Zealand interest rate decision Wednesday. Macro Data Watch: The focus this week will be on German Gfk Consumer Confidence, Retail Sales, Unemployment and CPI, US Durable … Continued

Intermediate

Global Manufacturing, Services and Flash PMI Preview – 22nd February

What to Expect from the US S&P Global PMI Releases As the U.S. S&P Global PMI releases approach, scheduled for 14:45 GMT on Thursday, February 22nd, 2024, analysts are anticipating crucial insights into the country’s economic performance. Consensus forecasts suggest a slight moderation in the S&P Global Services PMI for February, with expectations set at … Continued

Intermediate

Nvidia Earnings Preview – 21st February 2024

What to expect from Nvidia’s Earnings Nvidia’s forthcoming Q4 2023 earnings call, scheduled for Wednesday, February 21st, 2024, is anticipated to be a pivotal event not only for the company itself but also for the broader technology landscape, particularly in the realm of artificial intelligence (AI). As the third most valuable company on Wall Street, … Continued

Beginner

Walmart and Home Depot Earnings Preview – 20th February 2024

Why are Walmart’s Earnings so Important? Walmart, the world’s largest retailer by revenue, is a multinational retail corporation headquartered in Bentonville, Arkansas, USA. Founded in 1962 by Sam Walton, Walmart operates a chain of hypermarkets, discount department stores, and grocery stores across the globe. With a presence in 27 countries and e-commerce operations in 10 … Continued

Intermediate

Stocks rebound after sell off in the wake of warmer than expected US CPI data

Macroeconomic/ geopolitical developments Global financial market developments Key this week Holidays: As Asian markets return from the Lunar New Year holidays last week, the US President’s Day holiday is on Monday 19th February. Central Bank Watch: A relatively quiet week for central banks, but we do see the PBoC Interest Rate Decision Tuesday. Macro Data … Continued

Intermediate

NatWest 2023 Q4 Earnings Preview – 16th February 2024

What to Expect from NatWest’s Earnings Investors eagerly anticipate NatWest’s 2023 Q4 earnings call, scheduled for release on Friday, February 16th, 2024. With a market cap of £17.851B, the bank faces high expectations following its recent challenges and amidst significant market competition. In light of the forecasted Q4 EPS of £0.07 and revenue forecast of … Continued

Beginner

US and UK Retail Sales Previews – 15th and 16th February 2024

As investors gear up for the upcoming Retail Sales data releases in the United States and the United Kingdom on February 15th and 16th, respectively, anticipation is high for insights into consumer spending trends. These releases serve as vital economic indicators, offering a glimpse into the pulse of consumer activity and broader economic conditions. What … Continued

Intermediate

February 13th 2024 US CPI Release Preview

US CPI Expectations As anticipation builds for the upcoming release of the US Consumer Price Index (CPI) on February 13th, market participants are bracing for critical insights into the state of inflation. This data arrives amidst a backdrop of heightened attention following a robust January jobs report and the Federal Reserve‘s cautious stance on inflation. … Continued

Intermediate

Risk On! S&P 500 break 5000, US CPI in the spotlight this coming week

Macroeconomic/ geopolitical developments Global financial market developments Key this week Other Events: Chinese New Year is this week, so mainland Chinese markets and other Asian markets will be closed, so Asian sessions could be particularly quiet. Central Bank Watch: A quiet week for central banks, Fed speakers always in focus. Macro Data Watch: A busy … Continued

Intermediate

UK Earnings Preview – Thursday 8th February

Why are AstraZeneca’s Earnings so Important? AstraZeneca is a leading global biopharmaceutical company renowned for its innovative medicines in areas such as oncology, cardiovascular, respiratory, and immunology. As one of the largest pharmaceutical companies worldwide, AstraZeneca’s earnings releases are highly anticipated and closely monitored by investors, analysts, and healthcare professionals.  These releases provide critical insights … Continued

Intermediate

UK Earnings Recap – Vodafone and BP

Why are Vodafone’s Earnings so Important? Vodafone Group Plc, commonly known as Vodafone, is a global telecommunications company headquartered in London, United Kingdom. With operations spanning across Europe, Africa, Asia, and Oceania, Vodafone is one of the world’s largest telecommunications providers, offering mobile and fixed-line services, broadband, and digital television.  The company’s earnings releases hold … Continued

Intermediate

Weekly US Earnings Outlook from February 6th 2024

The US 2023 fourth-quarter earnings season is in full swing, with 230 S&P 500 companies already reporting. Impressively, 80% of these companies have exceeded Wall Street’s expectations, as reported by LSEG. Last week was extremely busy, seeing the likes of Microsoft and Alphabet earnings Tuesday and Amazon, Apple and Meta reporting Thursday. This week will … Continued

Intermediate

Record Highs Again for US Stock Averages, Despite Fading March Rates Cut Hopes

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: A quiet week for central banks, with the Reserve Bank of Australia (RBA) Tuesday, plus as always, a focus on Fed speakers. Macro Data Watch: Also, a quiet week for data. The focus for the week will be Monday’s Services and Composite … Continued

Intermediate

Apple and Amazon Earnings Update – February 1st 2024

Updated 02/02/2024: Apple’s 2023 Q4 earnings call, unveiled on February 1st, 2024, showcased the tech giant’s financial prowess, with figures that slightly outperformed expectations. The reported earnings per share (EPS) stood at $2.18, surpassing the forecasted $2.1. The revenue for the quarter reached a remarkable $119.58 billion, exceeding the anticipated $118.06 billion. These robust financial … Continued

Intermediate

US Employment Data Preview – February 2nd 2024

What is the US Employment Report? The US Employment Report, a monthly release from the US Bureau of Labor Statistics (BLS), serves as an essential economic compass, offering in-depth perspectives on the dynamics of the nation’s labour market. This comprehensive report comprises several critical metrics, prominently featuring nonfarm payrolls, unemployment rates, and average hourly earnings.  … Continued

Intermediate

Microsoft and Alphabet Earnings – January 30th 2024

Update 31/01/2024: Microsoft’s 2023 Q4 earnings call, released on January 30th, 2024, showcased a robust financial performance for the tech giant. According to data from investing.com, Microsoft reported an earnings per share (EPS) of $2.93, surpassing the forecasted EPS of $2.78. The company’s revenue for the quarter reached $62 billion, slightly exceeding the predicted revenue … Continued

Beginner

Fed Interest Rate Decision Preview – 31st January

The Federal Reserve (Fed) Interest Rate Decision is a pivotal event in global financial markets, representing the central bank’s determination of the target range for the federal funds rate. This rate influences the cost of borrowing and lending throughout the economy, impacting various sectors, including consumer spending, business investment, and financial markets. The Fed typically … Continued

Expert

January Recap and a Heads Up for March

The Inflation Deflation and Economic Cycle Model measures the liquidity impulse from fiscal and monetary policies. This is how we determine what will occur with the ROC of inflation and economic growth. The current liquidity factors that must be measured are the Treasury General Account (TGA), Reverse Repurchase Agreement (RRP), Fed’s balance sheet, Federal Funds … Continued

Intermediate

“Risk On” Theme Extends, US Averages at Record Levels into a BIG Week

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: A significant week for central banks with monetary policy decisions on Wednesday from the Fed and on Thursday from the Bank of England (BoE). Macro Data Watch: Standouts this week are EU GDP (YoY, QoQ) on Tuesday, Japan Retail Trade and Sales … Continued

Intermediate

Caterpillar Earnings and US PCE Data Previews – 26th January 2024

Caterpillar Earnings Caterpillar Inc., a global leader in manufacturing construction and mining equipment, engines, and industrial gas turbines, holds significant importance in the financial landscape. Renowned for its iconic yellow machinery, Caterpillar is a key player in the machinery and equipment sector, providing essential tools for construction, resource extraction, and infrastructure development worldwide.  Why are … Continued

Intermediate

ECB Monetary Policy Statement Preview – 25th January 2024

What is the European Central Bank? The European Central Bank (ECB) is the central banking authority responsible for formulating and implementing monetary policy within the Eurozone. Established in 1998 and headquartered in Frankfurt, Germany, the ECB plays a pivotal role in maintaining price stability and supporting sustainable economic growth across the member countries that share … Continued

Intermediate

24th January US Earnings Preview

In the ever-evolving landscape of financial markets, corporate earnings releases stand as pivotal moments, offering investors and analysts a lens into the financial health and strategic trajectories of major companies. Today, we continue to cover the ongoing US Earnings releases, having given a preview on 23rd January releases.  This article will delve into the anticipated … Continued

Intermediate

23rd January US Earnings Preview

An earnings release, a critical financial document, is issued quarterly by publicly traded companies to disclose financial performance. Mandated by regulatory authorities like the SEC, it includes income statements, balance sheets, and cash flow statements. This report communicates a company’s financial health, operational achievements, and future outlook to investors and analysts. Investors analyse it closely … Continued

Intermediate

Stocks March Higher, Despite Fading Hopes of a Fed March Rate Cut

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Although the Fed have entered their blackout period, a bust week elsewhere for Central Banks, as we get interest rate decisions from the People’s Bank of China (PBoC) Monday, the Bank of Japan (BoJ) on Tuesday, the Bank of Canada (BoC) on … Continued

Beginner

Fed Enters Blackout Period – What and When is it?

What is a Fed Blackout Period The Federal Reserve, as the central banking system of the United States, plays a crucial role in shaping monetary policy and influencing economic conditions. The Fed’s communication is closely monitored by financial markets, and one notable aspect of this communication strategy is the “Fed blackout period.” A Fed blackout … Continued

Intermediate

Apple And TSMC Drive Tech Stocks Higher

TSMC Stocks Surge, with Positive 2024 Outlook due to Continued Apple Collaboration and AI Boom Who are TSMC? Taiwan Semiconductor Manufacturing Company (TSMC) stands as a global giant in the semiconductor industry, boasting a market capitalization of 486.28 billion and commanding a pivotal role in the manufacturing landscape. Established in 1987, TSMC has evolved into … Continued

Intermediate

US Earnings Release Preview – Friday 19th January

As we approach Friday January 19th the first full week of the US Q4 earnings season comes to a close. Investors are preparing for a flurry of corporate earnings releases that will provide key insights into the financial health of major companies. Among the notable players scheduled to announce their earnings on Friday are; Schlumberger, … Continued

Intermediate

US Retail Sales and US Industrial Production Releases – 17th January 2024 Preview

What are US Retail Sales  US Retail Sales data releases are economic indicators that measure the total receipts of retail stores, providing a comprehensive snapshot of consumer spending on goods. These releases encompass a wide range of retail categories, including clothing, electronics, groceries, and other consumer products. The data is collected and reported by the … Continued

Intermediate

Earnings Releases and Macro Data Preview – January 16th

Earnings Releases Earnings releases from investment banks like Goldman Sachs and Morgan Stanley are vital for financial markets, serving as key indicators of the financial industry’s health, risk management, and overall economic conditions. These reports influence market sentiment, guide investment decisions, and provide insights into the banks’ adaptability to changing economic environments. There were multiple … Continued

Intermediate

Stock Averages Post Strong Rebounds, Despite Warm CPI and Middle Eastern tensions

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Nothing of note from Central banks this coming week, but as ever we will be watching Fed speakers in the final week before they enter their blackout period. Macro Data Watch: The World Economic Forum in Davos runs all week from 15th-19th … Continued

Intermediate

US Q4 Earnings Begin – January 12th Financials Focus

Friday signalled a pivotal juncture with the kick off of the US Earnings Season, as notable companies disclosed their performance metrics. Investors, analysts, and market enthusiasts carefully analysed the data to inform their trading decisions and try to trade the news. This examination zeroes in on the releases from financial corporations that initiated the Q4 … Continued

Intermediate

US Q4 Earnings Season Kicks Off in Earnest

The stage is set, and the curtains are about to rise on the much-anticipated spectacle in the world of finance – the Q4 2023 US Earnings Season. These unique financial reports reveal valuable data that can send shockwaves through the markets and shape the investment landscape. Investors can trade the news to capitalise on profitable … Continued

Intermediate

January 11th US CPI Release Preview

What is the US CPI? The US Consumer Price Index (CPI) tracks the average change in prices paid by urban consumers for a variety of goods and services. It’s a dynamic basket that includes your morning coffee, the rent for your urban sanctuary, the cost of a new gadget, and even the indulgence of a … Continued

Intermediate

European Data Releases Review – January 9th

German Industrial Production Worse Than Expected Why is German Industrial Production Data Important? In the financial world, the German industrial production data is more than numbers; it’s the heartbeat of Europe’s economic engine. Here’s why it’s a focal point for trading economic news: Eurozone Foundation: Germany, the Eurozone’s economic powerhouse, lays the foundation. The data … Continued

Intermediate

Stocks and Bonds Plunge to Start 2024

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: No central bank activity of note, but as usual watching for Fed speakers.  Macro Data Watch: US CPI on Thursday is the standout in a relatively light data week.  Date Major Macro Data 01/08/2024 Eurozone Retail Sales (YoY & MoM) and Consumer … Continued

Intermediate

2024 Outlook

This year promises to be one of the most interesting years economically, politically, and market-wise in history. We have two significant global conflicts/wars ongoing, just as President Xi of China is reiterating his promise to annex Taiwan, and Kim Jong Un of North Korea threatens to wipe the US off the map. Meanwhile, we have … Continued

Intermediate

US Employment Report in the Spotlight – 5th January Preview

The US Employment Report and Why it Matters When looking at financial markets, few indicators carry the weight and influence of the US Employment Report. Released monthly by the Bureau of Labor Statistics, this comprehensive report provides a snapshot of the nation’s employment landscape, offering crucial insights into the health and direction of the economy. … Continued

Intermediate

Fed Minutes, Global S&P Global PMI and US ADP Employment Recap – 4th January 2024

Fed Minutes Recap: Uncertainty and Soft Landing Caution The recently released Fed minutes from the Dec. 12-13 meeting reveal a nuanced landscape of uncertainty among policymakers. Some express concerns about prolonged high rates, fearing a sudden job market downturn, while others advocate for a steady target rate. Richmond Fed President Tom Barkin, set to join … Continued

Intermediate

Fed Minutes Preview: 3rd January 2024

What Are The Fed Minutes? The Federal Reserve, often just called “the Fed,” is the gatekeeper of the U.S. economy. They act as the controlling force, pulling levers to control interest rates and monetary policy. Now, the Fed doesn’t operate in complete secrecy; it spills the beans through what we call “Fed Minutes.” Fed Minutes … Continued

Intermediate

DJIA Hits All Time High After Fed Dovish Pivot

Macroeconomic/ geopolitical developments Global financial market developments Key this week  ​Central Bank Watch: A quieter week for Central Banks, we get the Reserve Bank of Australia (RBA) Meeting Minutes and Bank of Japan (BoJ) Monetary Policy decision, statement and conference on Tuesday, then the People’s Bank of China (PBoC) Interest Rate Decision Wednesday. Macro Data … Continued

Intermediate

S&P 500 hits 2023 High Ahead of US CPI and Four Major Central Bank Meetings

Macroeconomic/ geopolitical developments Global financial market developments Key this week Central Bank Watch: Four major central banks in play this week, with the main focus on the Fed decision Wednesday, then we get decisions from the Swiss National Bank (SNB), the Bank of England (BoE) and the European Central Bank (ECB) all on Thursday. Macro … Continued

Intermediate

Fed Speakers Dovish Pivot, Short-End Yields Plunge, Stocks Gain

Macroeconomic/ geopolitical developments Global financial market developments Key this week Date Major Macro Data 12/04/2023 Nothing of note 12/05/2023 Australia RBA Interest Rate Decision; global S&P Global Services and Composite PMI, US ISM Services PMI 12/06/2023 Australian GDP; EU Retail Sales; BoC Interest Rate Decision and Statement; US ADP Employment Change 12/07/2023 China Trade Balance; … Continued

Intermediate

Quiet Thanksgiving Week. GDP, PCE, PMI and Powell Now in Focus

Macroeconomic/ geopolitical developments Global financial market developments Key this week Date Major Macro Data 11/27/2023 Nothing of note 11/28/2023 RBNZ interest rate decision, statement and press conference 11/29/2023 EU Consumer Confidence; German CPI; US GDP and PCE (QoQ) 11/30/2023 Chinese PMI; German Retail Sales; German Unemployment; EU CPI; US PCE (MoM and YoY); Canadian GDP; … Continued

Intermediate

US and UK inflation beat expectations => Risk On extends

US and UK inflation beat expectations => Risk On extends Macroeconomic/ geopolitical developments Global financial market developments Key this week Date Major Macro Data 11/20/2023 PBoC Interest Rate decision 11/21/2023 RBA Meeting Minutes; Canada CPI; US FOMC Meeting Minutes 11/22/2023 US Durable Goods; Michigan Consumer Sentiment 11/23/2023 US Thanksgiving holiday; global Flash PMI from S&P … Continued