Forex Market Report - 2nd August 2024
Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets
|
Před 393 dny
1. U.S. Employment Data Release
- Non-Farm Payrolls: Expected to show moderate growth, influencing USD strength.
- Unemployment Rate: Forecasted to remain stable; deviations could impact market sentiment.
- Average Hourly Earnings: Watch for any uptick as it may signal inflationary pressures.
2. Eurozone Inflation Figures
- CPI Data: Anticipated to confirm persistent inflation, affecting ECB's policy outlook.
- Core Inflation: Closely monitored for signs of underlying inflation trends.
- Market Reaction: EUR could see volatility based on inflation readings and ECB commentary.
3. Bank of England Interest Rate Decision
- Rate Hike Expectations: Market pricing in a potential rate hike to combat inflation.
- Economic Projections: Updates on growth and inflation forecasts will be critical.
- GBP Volatility: Significant movements likely around the announcement and subsequent press conference.
4. China Trade Balance Report
- Export Data: Decline expected due to global demand slowdown, impacting CNY and commodity currencies.
- Import Data: Insights into domestic economic health and commodity demand.
- Market Impact: Key for assessing global trade dynamics and risk sentiment.
5. U.S. Treasury Yield Movements
- 10-Year Yield: Recent uptick influencing USD and broader financial markets.
- Inflation Expectations: Monitoring yields for signs of changing inflation outlook.
- Risk Appetite: Higher yields could weigh on equities and riskier assets, benefiting safe havens.
To begin your trading journey, visit www.dnamarkets.com
read more
Inflation in the US will not make the Fed's rate cut in September comfortable
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Inflation in the US will not make the Fed's rate cut in September comfortable
FxPro
|
Před 20 h 42 min
Gold approached the upper limit of the 4-month trading range
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Gold approached the upper limit of the 4-month trading range
FxPro
|
Před 20 h 44 min
Dollar extends slide ahead of PCE inflation data
Fed Governor Waller reiterates support for lower interest rates - PCE inflation data may impact Fed rate cut bets beyond September - S&P 500 and Dow Jones hit fresh record highs - Gold gains, approaches upper boundary of sideways range
XM Group
|
Před 23 h 56 min
September Market Insights: How Volatility, Institutional Flows, and Global Trends Shape Fall Trading
Despite its reputation as a weak month, September 2024 delivered broad gains across equities and emerging markets. Volatility, sector rotation, and institutional rebalancing are shaping the fall season. Here’s what traders should watch as markets shift from summer calm to autumn momentum.
Rock-West
|
Před 1 dnem
While the dollar is confused, the S&P 500 faces NVIDIA’s rebalancing threat
Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: While the dollar is confused, the S&P 500 faces NVIDIA’s rebalancing threat
FxPro
|
Před 1 dnem
August was the best month for gold since April
Gold (XAUUSD) is holding steady near USD 3,410 per ounce on Friday, just shy of its monthly high, and is set to close its second straight week with gains.
RoboForex
|
Před 1 dnem
EBC Markets Briefing | Aussie dollar stalls on US GDP beat
The Australian dollar wavered Friday after US Q2 GDP topped expectations, with final sales to private domestic purchasers jumping 1.9%.
EBC Financial Group
|
Před 1 dnem
US Dollar Surges, Global Markets Await Key Inflation Data | 29th August 2025
The US Dollar extends gains, with DXY near 98.00 ahead of key PCE data. EUR/USD drifts to 1.1650 on weak eurozone growth, while USD/JPY hovers below 147.00 after hotter Tokyo CPI. GBP/USD slips toward 1.3510 on UK fiscal concerns, and USD/CNY steadies around 7.10 as PBoC leans against yuan weakness. Traders brace for PCE to confirm—or challenge—the USD’s bullish momentum.
Moneta Markets
|
Před 1 dnem
