Wednesday, July 5th, tensions between China and the US led to a negative shift in risk sentiment. US stock index futures opened in negative territory after the Independence Day holiday, while the US Dollar Index remained stable above 103.00. S&P Global is set to release revised Services and Composite PMI surveys for the UK and […]
On Wednesday, June 28th, a panel discussion at the ECB Forum on Central Banking in Sintra will feature key figures such as Federal Reserve Chairman Jerome Powell, European Central Bank President Christine Lagarde, Bank of England Governor Andrew Bailey, and Bank of Japan’s Kazuo Ueda. Additionally, the US economic agenda will include the release of […]
Tuesday, June 26: The stock market on Wall Street experienced a decline on Monday, with the Nasdaq falling 1.16%. Treasury yields also decreased. The US Dollar Index saw a modest drop, closing at around 102.75, resulting in a quiet day for currencies. Investors are eagerly awaiting new data and speeches from central bankers participating in […]
On Monday, June 26, the start of the week sees relatively calm markets as investors shift their focus to the European Central Bank’s annual Forum on Central Banking in Sintra. The event will commence with a speech from ECB President Christine Lagarde at 1730 GMT. In terms of economic indicators, the US will release the […]
Friday, June 23: While crude oil and commodities fell, US stocks ended the day mixed. US Treasury yields increased at the same time. Markets took in rate increases from the Swiss National Bank and the Bank of England as well as Powell’s second day of evidence, in which he reiterated that interest rates were likely […]
Thursday, June 22: US stocks experienced their third consecutive decline as central bankers continued to signal the likelihood of further tightening. The earlier recovery from the week’s lows lost momentum in the later part of the American session. Federal Reserve (Fed) Chair Powell presented his semi-annual report to the House Committee on Financial Services. He […]
Wednesday, June 21: Amid a cautious market environment, the US dollar (USD) manages to maintain its position as investors await FOMC Chairman Jerome Powell’s testimony before the House Financial Services Committee. The economic calendar lacks any significant macroeconomic data releases, so market participants will be relying on comments from central bank officials for fresh market-moving […]
Tuesday June 20: At the beginning of the week, there was a lack of significant economic events, and the US markets were closed in observance of the Juneteenth Holiday. The US Dollar recovered some of its previous week’s losses but still faces challenges. Over the weekend, United States Secretary of State Antony Blinken met with […]
15 june thursdayThe US Dollar Index (DXY) has declined to its lowest level of the day around 102.95 in early Thursday trading in Asia, failing to sustain the rebound seen on Wednesday after reaching a one-month low. This indicates a bearish sentiment towards the US Federal Reserve (Fed) as it signals a pause in its […]
On Wednesday, June 14, financial markets are exercising caution as investors prepare for the Federal Reserve’s monetary policy announcements. The Fed is set to release the revised Summary of Economic Projections, also known as the dot plot, and FOMC Chairman Jerome Powell will provide insights on the policy outlook during a press conference. Additionally, the […]