Market In Review – 46/2021
Several talking heads from Central Banks could give us some volatility this week. And there is a number of key data points to focus on as inflation continue to heats up. For some, wage growth is not going with inflation – which is concerning for those in the lower end of economic income. USA is getting wage growth as well as hot inflation, so the market has now priced in a full 1% rate rise by July 2022 and a further 1.5% by this time next year, with Dec 2022 futures at 2.53%.
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.
