Upcoming Key Events This Week
Monday, 22nd July: PBOC Interest Rate Decision – 2:15am BST: With China’s economy showing signs of weakness, the People’s Bank of China faces a significant decision. An interest rate cut could support risk sentiment towards the China A50 and Hong Kong 50 indices but may also drive the currency lower and increase capital outflows, a […]
Upcoming Key Events This Week
Monday, 15th July: China GDP, Industrial Production, and Retail Sales – 3:00am BST: Concerns are growing amongst traders that the Chinese economy may be slowing more than expected after disappointing inflation readings last week. These new updates will be crucial for traders of commodities, China A50, and Hong Kong 50 indices. Any prints below expectations […]
Upcoming Key Events This Week
Sunday, 7th July: French Parliamentary Elections – All Day: The French elections will be closely watched as the results could influence the Euro and broader markets. A left-leaning bloc victory might lead to political instability, but if moderate factions form a coalition with centrists, it could calm markets and support the Euro. Tuesday, 9th […]
Upcoming Key Events This Week
Monday, 20th May: PBOC Interest Rate Decision – 2:15am BST: The People’s Bank of China (PBOC) maintained interest rates unchanged as expected amid a weak yuan and concerns of capital flight. However, they signalled a willingness to provide further stimulus for banks and the economy. FOMC Member Waller Speaks – 2:00pm BST: Federal Reserve Governor […]
Key events indicating potential high volatility in currency markets for the upcoming week:
Monday, 13th May: NZD Inflation Expectations q/q – 4:00am BST: New Zealand’s inflation expectations remained steady at 2.33% quarter-on-quarter, in line with expectations. This data release provides insights into inflationary pressures within the New Zealand economy, potentially influencing future monetary policy decisions by the Reserve Bank of New Zealand (RBNZ). Tuesday, 14th May: GBP Claimant […]
Key Fundamental Events This Week
Yen Intervention and Its Impact – Monday, Throughout the Day On Monday, the Japanese Yen (JPY) saw a significant movement, swinging over 500 pips in just a few hours. This drastic change suggests potential intervention by Japanese authorities. This occurred during a Japanese bank holiday, resulting in reduced liquidity and allowing more time for the […]
Recent Market Closures and Future Outlooks
Last Week’s Recap Last week witnessed significant movements in global markets, characterized by a substantial outflow from US stocks—the largest in two weeks since late 2022. Investors withdrew a staggering $21.1 billion from stock funds, citing geopolitical risks and robust US economic data. In the US, stock indices closed with mixed results on Friday, driven […]
Key events indicating potential high volatility in currency markets for this week
Middle-East tensions escalate to new heights: Iran’s attack on Israel over the weekend resulted in intercepted drones and missiles, leaving the government at a crossroads between yielding to US pressure for restraint or succumbing to the demands of extremists advocating for retaliation. Presently, moderate voices prevail, bolstering stocks and dampening oil prices. However, a potential […]
Earnings announcements
Today, expect earnings announcements from major players in the banking industry! Follow us on social media for more updates!!
