Daily Forecast
The Forecast
2023.07.04
On Friday, US Treasury yields fell as the stock market decline reflected poor risk appetite and increased demand for safe-haven assets such as gold and the Japanese yen.
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The Forecast
2023.07.04
The Bank of England will announce the Interest Rate Decision today. Same as in the US, no changes are planned in monetary policy.
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The Forecast
2023.07.04
On Thursday, the dollar index slightly weakened its positions but continued its upward trend during the Asian session. The driver of the short-term southern movement was the release of the US GDP data...
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The Forecast
2023.07.04
According to the US Labor Department, the consumer price index (CPI) decreased from 0.9% to 0.5%. The core CPI, which does not include food and fuel prices, fell from 0.9% to 0.3%.
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The Forecast
2023.07.04
The dollar index continues to rise. But analysts are confident that the current strengthening is temporary, as the growth of the US dollar is primarily due to the fact that the Fed raised the IOER rat...
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The Forecast
2023.07.04
Meetings of the central banks of Japan and the USA are expected today. Amid the sell-off in global stock markets on Friday and Monday, the dollar and the Japanese yen were safe haven currencies for in...
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The Forecast
2023.07.04
US and European stock indices fell to four-month and two-month lows due to concerns about China's real estate sector and the upcoming Fed meeting.
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The Forecast
2023.07.04
According to a survey of Bloomberg economists, the Fed is likely to hint at its meeting this week that they will reduce monthly asset purchases and make an official statement in November but will keep...
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The Forecast
2023.07.04
Despite a slight increase in initial jobless claims, strong US retail sales data strengthened the dollar index and gave even more reason to believe that the Federal Reserve will announce the start of...
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The Forecast
2023.07.04
On Tuesday, the US Labor Department reported that the consumer price index increased by 0.3% (previous – 0.5%), with the inflation at 5.3% on a year-on-year basis.
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