Forex Market Report - 17/05/2024

This 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.

Forex Market Report

1. US Economic Data Releases

  • Retail Sales: Upcoming retail sales data is expected to provide insight into consumer spending trends and economic health.
  • Jobless Claims: Initial jobless claims will offer an updated view on the labour market's condition and potential shifts in employment.
  • Manufacturing PMI: The latest Manufacturing PMI figures will indicate the sector's performance and potential inflationary pressures.

2. Eurozone Developments

  • ECB Meeting Minutes: The release of the European Central Bank's meeting minutes may shed light on future monetary policy decisions.
  • Germany’s Economic Sentiment: ZEW Economic Sentiment Index for Germany will reflect investor confidence in Europe's largest economy.
  • Inflation Data: Eurozone inflation numbers are crucial for assessing the ECB’s next moves regarding interest rates.

3. UK Economic Indicators

  • GDP Growth Rate: The UK's latest GDP figures will reveal the economy's growth pace and potential recovery trajectory.
  • Inflation Rate: Updated inflation data could influence the Bank of England's stance on interest rates and monetary policy.
  • Employment Statistics: Employment and wage growth figures will provide insights into the labour market's strength and consumer spending capacity.

4. Asia-Pacific Focus

  • China’s Industrial Production: The latest data on China's industrial output will indicate the health of its manufacturing sector and broader economy.
  • Australia’s Employment Data: Employment figures will be key in understanding the strength of the labour market and potential rate decisions by the RBA.
  • Japan’s GDP: Preliminary GDP data for Japan will provide an outlook on the country's economic performance and recovery efforts.

5. Geopolitical and Market Sentiment

  • US-China Trade Relations: Developments in trade talks and policies between the US and China could impact global market sentiment and trade dynamics.
  • Middle East Tensions: Ongoing geopolitical tensions in the Middle East might affect oil prices and market stability.
  • Equity Market Performance: Global equity markets' performance will be monitored for risk appetite and potential shifts in investor sentiment.
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Crude Pulls Back on Trade Uncertainty | 29th July 2025

Crude Pulls Back on Trade Uncertainty | 29th July 2025

WTI dipped below $66.50 as traders remained cautious ahead of US-China trade talks and the FOMC decision. Silver held near $38 amid easing tensions but awaits Fed cues. USD/CAD, NZD/USD, and equity indices consolidated in tight ranges as markets adopt a wait-and-see stance. Volatility may rise with upcoming central bank and trade developments.
Moneta Markets | 1時33分前
ATFX Market Outlook 29th July 2025

ATFX Market Outlook 29th July 2025

U.S. stocks finished mixed on Monday, with the S&P 500 advancing for a sixth consecutive session to reach another record close. The Nasdaq also hit a new all-time closing high amidst volatile trading, as investors gauged the impact of the US-EU trade agreement and prepared for key events later this week. The Dow Jones declined by 0.14%, while the Nasdaq increased by 0.33%
ATFX | 3時43分前
US data supports patient Fed, deal with EU boosts appetite

US data supports patient Fed, deal with EU boosts appetite

Dollar gains as data allow the Fed to stay in wait-and-see mode - US and EU secure trade deal, tariff clock is ticking for others - Wall Street at record highs amid trade optimism and better earnings - Pound slides after retail sales, yen retreats even as BoJ hike bets increase
XM Group | 21時0分前
Gold Declines as EU Strikes Trade Deal

Gold Declines as EU Strikes Trade Deal

Gold held steady at $3,330 per troy ounce on Monday following three consecutive days of declines. The metal faced downward pressure after news emerged of a trade agreement between the US and the EU, dampening investor interest in safe-haven assets.
RoboForex | 22時30分前