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.
DNA Markets
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491 gün önce
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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EBC Markets Briefing | These currencies are worth watching after Fed easing
After the Fed's rate cut, markets watch inflation-growth balance, possible Asian easing, China stimulus, and rising yuan expectations.
EBC Financial Group
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1 gün önce
Dollar extends gains, BoE and BoJ stand pat
Dollar continues the post-Fed advance - Initial jobless claims slide, validating Fed’s confidence - BoE stands pat, slows pace of quantitative tightening - BoJ appears hawkish, rate hike speculation increases
XM Group
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1 gün önce
EUR/USD Corrects Lower in Post-Fed Pause
The EUR/USD pair extended its decline on Friday, retreating further following the US Federal Reserve’s September meeting. The US dollar found support as the Fed’s rhetoric proved less dovish than markets had anticipated.
RoboForex
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1 gün önce
Yen Surges Post-BoJ, Precious Metals Mixed | 19th September 2025
The Yen surged after the BoJ’s policy decision, driving GBP/JPY, EUR/JPY, and AUD/JPY lower. Gold eased below $3,650 on USD strength, while silver held firm near $42 on Fed cut bets. Markets remain focused on BoJ signals, Fed guidance, and key U.S. data to set the next move in FX and metals.
Moneta Markets
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1 gün önce
ATFX Market Outlook 19th September 2025
U.S. initial jobless claims fell last week, though the labor market continues to soften. Major U.S. equity indices closed at record highs, led by Intel’s surge after Nvidia announced a $5 billion investment. The Dow rose 0.27%, the S&P 500 gained 0.48%, and the Nasdaq advanced 0.94%.
ATFX
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1 gün önce
EBC Markets Briefing | Oil muted as demand looks dim
Oil prices held steady Friday after falling Thursday, a day after the Fed’s first rate cut this year, amid concerns over weak U.S. fuel demand.
EBC Financial Group
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1 gün önce
USDJPY stalls as Fed and BoJ decisions keep traders on edge
USDJPY declines after BoJ meeting; Trading range still on hold; MACD and RSI move sideways confirm weakness
XM Group
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1 gün önce
EBC Markets Briefing | Gold looks slightly bearish over the next months
Gold prices surged past $3,700, with Fed rate-cut expectations and a stronger dollar pressuring gold dominating the market as global stocks hit record highs.
EBC Financial Group
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2 gün önce