Market In Review – 45/2021
The global economy is showing signs of sustained strength and growth with many of the G20 on the brink or already reducing quantitative easing. We are now at the start of the uptrend of rate rises. New Zealand is the leader in this regard, with no QE they already have moved rates up 0.25% to 0.5% and will most likely move again this month – just a matter of how big the move will be.
Market In Review – 44/2021
A busy week of economic releases ahead of us with the focus on the Central Banks of Australia (Tuesday afternoon), USA Fed (Thursday morning) and the Bank of England (Thursday evening). None of the banks are expected to raise rates at this point, however there is high expectations that the Australian RBA will reduce their massaging of the yield curve.
Market In Review – 43/2021
This week brings us several Central Bank meetings. The BOC release is late Wednesday night with a press conference an hour after. Rates expected to remain at 0.25% but the conference will be interesting to note with inflation ticking higher. Followed by the BOJ mid afternoon on Thursday. Not much expected from that, as usual. The ECB is Thursday evening, and their press conference will also be key to note what their forward guidance is.
Market In Review – 42/2021
A few inflation numbers hitting the market this week that might provide local currency volatility. First up is New Zealand early Monday morning. Followed by UK and Canadian on Wednesday night. Chinese GDP numbers Monday lunch time could set the tone for the week, especially those currencies that are heavily influenced by the Chinese economy such as Australia. Friday night we get a raft of PMI data out of Europe.
Market In Review – 41/2021
Will be a slow start to the week with Canadian Thanksgiving and USA observing Columbus Day holidays. From Wednesday things begin to get busier with USA Inflation report Wednesday night and the Minutes from the FOMC in the early hours of Thursday morning. A few key US Fed members will speak after the Minutes. Then later Thursday morning we have Australian employment numbers.
Market In Review – 40/2021
With the Loonie on the charge higher thanks to the current energy crisis impacting oil prices, we do not see the jobs data having too much of an impact tonight. That said, most CAD crosses are well out there at the exhaustion end of their run, so a surprise figure could see a quick snap…
