Week Ahead: Inflation Followed by the U.S Federal Reserve Monday, 12th of June, U.S Federal Budget Balance – hold down the laughter and snickers please as you wonder why you should care, this as the report shows monthly income versus spending from the month before. Yes, the U.S ‘Debt Ceiling’…
Determination and Success: Integrity of the Catcher’s Mitt In the Long Run’ mused Maynard Keynes ‘we are all dead’ or as someone else once said, ‘Don’t go through life with a catcher’s mitt on both hands, throw something back’. The author of that line is unknown but we can assume…
Risks Ahead: Tranquil Data Mixed with Loud Nervous Chatter Last Friday finished with stronger than expected Non-Farm Employment Change numbers, which essentially collided with dovish rhetoric via two U.S Federal Reserve FOMC members from the middle of the week; this while inflation clearly remains stubborn in the U.S. All of…
Calendar this Week includes Debt Ceiling, Earnings and Jobs Monday the 29th of May, Many banking holidays including in the U.S and U.K – traders choosing to participate in the markets should be aware that low transaction volumes can cause volatility due to imbalances. Be careful if you choose to…
FOMC Meeting Minutes and Key Growth Data Coming this Week Monday the 22nd of May, Japan Core Machinery Orders – which will likely have very little impact on the markets – not even the USD/JPY should react too much. Although it should be noted last month’s figure was negative and…
Wemby to the Spurs, but is VW 1st Round in Fantasy Basketball The San Antonio Spurs landed the top NBA Draft pick which will be held on the 22nd of June. The top pick will be Victor Wembanyama. There will be no drama regarding the choice. After Wembanyama is named…
Economic Data and Underlying Factors this Week Monday 15th of May, U.S Empire State Manufacturing – N.Y manufacturing sector report regarding business conditions, which serves as a sentiment reading. A lackluster outcome could put a bit more pressure on the Federal Reserve to lessen their aggressive stance, and certainly point…
Economic Data that needs Attention this Week Tuesday 8th of May, U.S FOMC Member Speaks – N.Y Federal Reserve President John Williams will talk at the New York Economic Club. N.Y Fed is important regarding monetary policy particularly for financial institutions. Williams words should be given merit. Williams will also…
Risk Events Pose Danger this Week Monday 1st of May, U.S ISM Manufacturing PMI – weaker than expected Advance GDP results last week make this report of keen interest for investors regarding U.S growth (or recessionary) prospects.Tuesday 2nd of May, Australia RBA Cash Rate – Reserve Bank of Australia is…
Economic Data Events to Monitor this Week Monday 24th of April, Germany Ifo Institute Business Climate – could spur some EUR/USD reaction.Tuesday 24th of April, U.S CB Consumer Confidence – consumers being watched carefully in the States as inflation remains high. Gold 1 month chart as of 23rd of April…
Economic Data Events with Potential to Affect Sentiment Thursday 20th of April 2023, U.S Unemployment Claims – likely not significant, but should be watched for potential surprises. Friday 21st of April 2023, U.S Flash Manufacturing and Services Purchasing Managers Index reports – could spur on behavioral sentiment regarding outlook for…
