This week marks the final Federal Reserve meeting of the year in the U.S., along with the awaited release of Consumer Price Index (CPI) and Producer Price Index (PPI) figures. Additionally, on Thursday, Intel will host an event to launch its AI products.
#FinancialNews #FedReserve #Inflation #AI #Intel
📄 Quarterly Reports:
Total companies: 39.
Reporting companies in the S&P index: 7.
Major names:
✅ Oracle (ORCL): Dec 11, after-market.
✅ Adobe (ADBE): Dec 13, after-market.
✅ Costco Wholesale (COST): Dec 14, after-market.
✅ Lennar (LEN): Dec 14, after-market.
✅ Johnson Controls (JCI): Dec 12, before-market.
✅ Darden Restaurants (DRI): Dec 15, before-market.
✅ Jabil (JBL): Dec 14, before-market.
🇺🇸 On December 12, the U.S. is set to release the Consumer Price Index (CPI) for November. A slowdown in year-on-year inflation is anticipated, decreasing to 3.1% from 3.2% in October.
On December 13, Producer Price Index (PPI) data for November will be released. A year-on-year deceleration in price growth to 1% is forecasted after a 1.3% increase the previous month. The core index (excluding food and energy prices) may decrease to 2.2% from 2.4% in October.
On December 13, the U.S. Federal Reserve will announce its decision on the benchmark interest rate. The market is 98% confident that the regulator will maintain the range of 5.25%-5.5% annually.
December 14 will bring retail sales statistics for November in the U.S., potentially influencing the holiday season shopping trends.
Also on December 14, Intel (NASDAQ: INTC) will host the AI Everywhere event, showcasing its developments in artificial intelligence. Intel will be the latest among major chip manufacturers to present such innovations. A similar event last week boosted Advanced Micro Devices' stock by 7% in a day.
By the way, a day earlier, Adobe will release a report that will also help gauge demand for its new AI solutions.
Finally, on December 15, industrial production data for November in America will be examined. Following a decline of 0.6% in October, a growth of 0.3% is expected.
🇬🇧 On December 14, the Bank of England will announce its decision on the key interest rate. No changes are anticipated, and the rate is expected to remain at 5.25%.
#FinancialNews #FedReserve #Inflation #AI #Intel
📄 Quarterly Reports:
Total companies: 39.
Reporting companies in the S&P index: 7.
Major names:
✅ Oracle (ORCL): Dec 11, after-market.
✅ Adobe (ADBE): Dec 13, after-market.
✅ Costco Wholesale (COST): Dec 14, after-market.
✅ Lennar (LEN): Dec 14, after-market.
✅ Johnson Controls (JCI): Dec 12, before-market.
✅ Darden Restaurants (DRI): Dec 15, before-market.
✅ Jabil (JBL): Dec 14, before-market.
🇺🇸 On December 12, the U.S. is set to release the Consumer Price Index (CPI) for November. A slowdown in year-on-year inflation is anticipated, decreasing to 3.1% from 3.2% in October.
On December 13, Producer Price Index (PPI) data for November will be released. A year-on-year deceleration in price growth to 1% is forecasted after a 1.3% increase the previous month. The core index (excluding food and energy prices) may decrease to 2.2% from 2.4% in October.
On December 13, the U.S. Federal Reserve will announce its decision on the benchmark interest rate. The market is 98% confident that the regulator will maintain the range of 5.25%-5.5% annually.
December 14 will bring retail sales statistics for November in the U.S., potentially influencing the holiday season shopping trends.
Also on December 14, Intel (NASDAQ: INTC) will host the AI Everywhere event, showcasing its developments in artificial intelligence. Intel will be the latest among major chip manufacturers to present such innovations. A similar event last week boosted Advanced Micro Devices' stock by 7% in a day.
By the way, a day earlier, Adobe will release a report that will also help gauge demand for its new AI solutions.
Finally, on December 15, industrial production data for November in America will be examined. Following a decline of 0.6% in October, a growth of 0.3% is expected.
🇬🇧 On December 14, the Bank of England will announce its decision on the key interest rate. No changes are anticipated, and the rate is expected to remain at 5.25%.
📈 Indices aim to continue their upward momentum, testing resistances...
#Market #Trading #Indices
🏛 What's happening in the market today? For more #freshupdate:
🔙 In the previous trading day, indices showed efforts to sustain positive dynamics, approaching local resistance levels and channel boundaries. The SPX index attempted growth, testing resistance at 4610 and the upper channel boundary. The NQ index also tried to continue its upward movement, successfully breaking through the boundaries of the inclined channel and testing the level of 16117.
🔆 Today, it's crucial for indices to maintain positions above local support levels at 15700 for NQ and 4500 for SPX to prevent a pullback from current levels and ensure the possibility of further growth upon surpassing the nearest levels at 16100 for NQ and 4610 for SPX.
🔎 What factors is the market currently focused on?
(1) China's inflation index dropped at the fastest pace in three years.
(2) Traders await data on inflation in the U.S. and the Federal Reserve's meetings later this week.
#Inflation #FinancialMarkets #Economy
📊 Sectors
Among cyclical sectors, XLE performed the best, bouncing back from local lows. ITA, XLF, and XLY attempted to continue growth in line with the market, while XLRE pulled back and showed less stability.
Among growing sectors, MJ, IPO, XLK, SOXX, and SKYY demonstrated growth, confirming local highs. Meanwhile, IBB and TAN retreated and were less successful.
Among defensive sectors, XLP showed a decline in relative strength compared to the market, testing lows, while XLV and XLU also lagged, showing more stable dynamics.
#Sectors #FinancialMarkets #Trading
💼 Stock News
(+) TSLA, RIVN - Piper Sandler highlights growth prospects for the electric vehicle sector.
(+) GOOGL - The launch of Google Gemini promises a successful 2024 for the company, according to Citi.
(+) BA - Boeing has modified a contract with USSOCOM worth $271.22 million.
(+) BA - China expresses interest in strengthening cooperation with Boeing.
(=) SBUX - Starbucks is ready to resume union negotiations in 2024.
(=) AAPL - Head of iPhone and smartwatch design at Apple is stepping down.
(+) AAPL - Production of iPads by Apple may be moved to Vietnam from China.
(+) MU - Micron reaches a labor agreement with the union at its Idaho plant worth $15 billion.
(=) AVGO - 2024 could be challenging for Broadcom, but Wall Street expects growth in the second half of the year.
(+) QRVO - Qorvo's rating is raised by Morgan Stanley; ratings for Qualcomm and Lam Research are lowered.
#Stocks #Exchange #FinancialNews
🌐 Intermarket Analysis
Oil continues attempts at a local recovery, overcoming inclines and approaching a test of the $72.6 level.
Yield also tries to move upward, approaching the 50-day moving average and incline boundaries.
VIX continues to decline, attempting to refresh lows at the 12.5 level.
Gold continues its correction, moving toward the lower boundary of the ascending channel and the $2000 level.
#GlobalMarkets #Oil #Yield #Gold #FinancialMarkets
🗣 Market Discussions
Stocks are rising on the "liquidity rally," and it is expected they will reach new highs in 2024, according to Fundstrat.
Tom Lee of Fundstrat suggests that stocks will reach new record highs in 2024.
This is tied to the Federal Reserve transitioning to a less restrictive monetary policy, paving the way for a "liquidity rally" in the market.
Lee claims that the S&P 500 index could rise to 5200 by the end of 2024, anticipating potential growth of 13% compared to current levels.
This is associated with expectations of a possible reduction in Fed interest rates next year, as inflation in the economy continues to show a weakening trend.
"The Fed is no longer waging an inflation war but is really transitioning to business cycle management — these are huge changes," says Lee.
#FinancialMarkets #Stocks #Fundstrat #Fed #Liquidity #Forecasts
#Market #Trading #Indices
🏛 What's happening in the market today? For more #freshupdate:
🔙 In the previous trading day, indices showed efforts to sustain positive dynamics, approaching local resistance levels and channel boundaries. The SPX index attempted growth, testing resistance at 4610 and the upper channel boundary. The NQ index also tried to continue its upward movement, successfully breaking through the boundaries of the inclined channel and testing the level of 16117.
🔆 Today, it's crucial for indices to maintain positions above local support levels at 15700 for NQ and 4500 for SPX to prevent a pullback from current levels and ensure the possibility of further growth upon surpassing the nearest levels at 16100 for NQ and 4610 for SPX.
🔎 What factors is the market currently focused on?
(1) China's inflation index dropped at the fastest pace in three years.
(2) Traders await data on inflation in the U.S. and the Federal Reserve's meetings later this week.
#Inflation #FinancialMarkets #Economy
📊 Sectors
Among cyclical sectors, XLE performed the best, bouncing back from local lows. ITA, XLF, and XLY attempted to continue growth in line with the market, while XLRE pulled back and showed less stability.
Among growing sectors, MJ, IPO, XLK, SOXX, and SKYY demonstrated growth, confirming local highs. Meanwhile, IBB and TAN retreated and were less successful.
Among defensive sectors, XLP showed a decline in relative strength compared to the market, testing lows, while XLV and XLU also lagged, showing more stable dynamics.
#Sectors #FinancialMarkets #Trading
💼 Stock News
(+) TSLA, RIVN - Piper Sandler highlights growth prospects for the electric vehicle sector.
(+) GOOGL - The launch of Google Gemini promises a successful 2024 for the company, according to Citi.
(+) BA - Boeing has modified a contract with USSOCOM worth $271.22 million.
(+) BA - China expresses interest in strengthening cooperation with Boeing.
(=) SBUX - Starbucks is ready to resume union negotiations in 2024.
(=) AAPL - Head of iPhone and smartwatch design at Apple is stepping down.
(+) AAPL - Production of iPads by Apple may be moved to Vietnam from China.
(+) MU - Micron reaches a labor agreement with the union at its Idaho plant worth $15 billion.
(=) AVGO - 2024 could be challenging for Broadcom, but Wall Street expects growth in the second half of the year.
(+) QRVO - Qorvo's rating is raised by Morgan Stanley; ratings for Qualcomm and Lam Research are lowered.
#Stocks #Exchange #FinancialNews
🌐 Intermarket Analysis
Oil continues attempts at a local recovery, overcoming inclines and approaching a test of the $72.6 level.
Yield also tries to move upward, approaching the 50-day moving average and incline boundaries.
VIX continues to decline, attempting to refresh lows at the 12.5 level.
Gold continues its correction, moving toward the lower boundary of the ascending channel and the $2000 level.
#GlobalMarkets #Oil #Yield #Gold #FinancialMarkets
🗣 Market Discussions
Stocks are rising on the "liquidity rally," and it is expected they will reach new highs in 2024, according to Fundstrat.
Tom Lee of Fundstrat suggests that stocks will reach new record highs in 2024.
This is tied to the Federal Reserve transitioning to a less restrictive monetary policy, paving the way for a "liquidity rally" in the market.
Lee claims that the S&P 500 index could rise to 5200 by the end of 2024, anticipating potential growth of 13% compared to current levels.
This is associated with expectations of a possible reduction in Fed interest rates next year, as inflation in the economy continues to show a weakening trend.
"The Fed is no longer waging an inflation war but is really transitioning to business cycle management — these are huge changes," says Lee.
#FinancialMarkets #Stocks #Fundstrat #Fed #Liquidity #Forecasts
In the spotlight today: inflation.
A surge in volatility is expected at the beginning of the trading session, driven by the release of inflation data. The consensus anticipates a 4% year-on-year increase in the core indicator and a 0.3% month-on-month rise (October: +0.2% month-on-month). If the slowdown in consumer inflation persists, it will signal to the market that the Federal Reserve may transition to a more accommodative monetary policy in the second quarter of 2024. It's worth recalling that the previous easing in the Consumer Price Index growth in October sparked an active stock market rally.
Inflation data will be published a day before the conclusion of the last Federal Reserve meeting of the year, influencing the update of the regulator's macroeconomic forecasts. However, even if the statistics confirm the expected inflation slowdown, the Federal Reserve is likely to emphasize the need for further confirmation of trends indicating labor market cooling and inflation reduction for at least several months before considering a change in monetary policy. In this context, the Fed's decision is unlikely to catch investors off guard.
#Inflation #EconomicIndicators #FederalReserve #MonetaryPolicy #MarketVolatility
A surge in volatility is expected at the beginning of the trading session, driven by the release of inflation data. The consensus anticipates a 4% year-on-year increase in the core indicator and a 0.3% month-on-month rise (October: +0.2% month-on-month). If the slowdown in consumer inflation persists, it will signal to the market that the Federal Reserve may transition to a more accommodative monetary policy in the second quarter of 2024. It's worth recalling that the previous easing in the Consumer Price Index growth in October sparked an active stock market rally.
Inflation data will be published a day before the conclusion of the last Federal Reserve meeting of the year, influencing the update of the regulator's macroeconomic forecasts. However, even if the statistics confirm the expected inflation slowdown, the Federal Reserve is likely to emphasize the need for further confirmation of trends indicating labor market cooling and inflation reduction for at least several months before considering a change in monetary policy. In this context, the Fed's decision is unlikely to catch investors off guard.
#Inflation #EconomicIndicators #FederalReserve #MonetaryPolicy #MarketVolatility
FOMC Meeting Takes Center Stage
We anticipate that upcoming trading sessions will be characterized by high intraday volatility with a neutral risk balance. Investors' attention will be focused on the Federal Reserve System's last meeting of the year. The consensus suggests that the key interest rate will remain unchanged.
Investor focus will also be on Jerome Powell's final press conference of the year. We do not expect any changes in his rhetoric. Additionally, new "dot" forecasts of rate dynamics from FOMC representatives will be of interest in terms of clarifying the timeline for the beginning of monetary policy easing. After the previous decision, Jerome Powell reminded investors that the deflation process looks "uneven."
The November Consumer Price Index came in line with forecasts, showing a slight increase, confirming the unstable nature of the return of price growth to the regulator's target of 2%, especially in the services sector, which is concentrated as the "last mile" in the fight against inflation.
#USreview #FOMCmeeting #JeromePowell #Inflation #InterestRates #MarketOutlook
We anticipate that upcoming trading sessions will be characterized by high intraday volatility with a neutral risk balance. Investors' attention will be focused on the Federal Reserve System's last meeting of the year. The consensus suggests that the key interest rate will remain unchanged.
Investor focus will also be on Jerome Powell's final press conference of the year. We do not expect any changes in his rhetoric. Additionally, new "dot" forecasts of rate dynamics from FOMC representatives will be of interest in terms of clarifying the timeline for the beginning of monetary policy easing. After the previous decision, Jerome Powell reminded investors that the deflation process looks "uneven."
The November Consumer Price Index came in line with forecasts, showing a slight increase, confirming the unstable nature of the return of price growth to the regulator's target of 2%, especially in the services sector, which is concentrated as the "last mile" in the fight against inflation.
#USreview #FOMCmeeting #JeromePowell #Inflation #InterestRates #MarketOutlook
📈 Tomorrow's Event: Decision on the Eurozone Consumer Price Index (CPI) Year-over-Year (YoY). This index reflects the change in average prices for a consumer basket of goods and services in the Eurozone over the past year compared to the previous year. Its impact spans various financial instruments and markets. #FinancialAnalysis #ConsumerPriceIndex #Eurozone
It is crucial to note that the CPI can be considered an indicator of inflation levels. An increase in the CPI indicates a rise in prices for the consumer basket, which may suggest inflation. Conversely, a decrease in the CPI may indicate deflation, i.e., a decrease in the overall price level. #Inflation #Deflation #FinancialMarkets
Stay tuned for updates to stay informed about significant financial trends and market forecasts! 🌐💼 #Finance #Economics #MarketForecast
It is crucial to note that the CPI can be considered an indicator of inflation levels. An increase in the CPI indicates a rise in prices for the consumer basket, which may suggest inflation. Conversely, a decrease in the CPI may indicate deflation, i.e., a decrease in the overall price level. #Inflation #Deflation #FinancialMarkets
Stay tuned for updates to stay informed about significant financial trends and market forecasts! 🌐💼 #Finance #Economics #MarketForecast
📊 The Impact of Eurozone CPI YoY on Various Financial Areas:
1. Currency Markets: The inflation level can influence the euro exchange rate. High inflation may prompt central banks to raise interest rates to curb inflationary pressures, making the euro more attractive to investors and increasing its value in the currency market. #CurrencyMarkets #Inflation #Euro
2. Bonds: Inflation affects the bond market. An increase in inflation can reduce the real value of bonds, especially those with fixed coupons. Investors typically demand higher bond yields to offset losses from inflation. #Bonds #InflationImpact #FinancialMarkets
3. Stocks: The impact of inflation on stock markets can be twofold. High inflation can negatively affect company profits and reduce their real value, impacting stock prices. However, under moderate inflation, rising prices for goods and services may contribute to increased company profits and, consequently, stock prices. #Stocks #InflationEffect #EquityMarkets
4. Gold and Commodities: Investors often view precious metals and commodities as protective assets against inflation. High inflation levels may boost demand for such assets, including gold. #Gold #Commodities #InflationHedge
5. Central Banks: Eurozone central banks may use CPI data to shape their monetary policies. High inflation levels may lead to interest rate hikes, while low inflation may prompt rate cuts. #CentralBanks #MonetaryPolicy #InflationData
It's important to note that the impact of the Consumer Price Index depends on the economic context, the overall direction of central bank policies, and other factors. Market reactions may vary over different time periods and depending on investor expectations. Stay informed to navigate the dynamic financial landscape. 📈💹 #FinancialAnalysis #MarketImpact #EconomicIndicators
1. Currency Markets: The inflation level can influence the euro exchange rate. High inflation may prompt central banks to raise interest rates to curb inflationary pressures, making the euro more attractive to investors and increasing its value in the currency market. #CurrencyMarkets #Inflation #Euro
2. Bonds: Inflation affects the bond market. An increase in inflation can reduce the real value of bonds, especially those with fixed coupons. Investors typically demand higher bond yields to offset losses from inflation. #Bonds #InflationImpact #FinancialMarkets
3. Stocks: The impact of inflation on stock markets can be twofold. High inflation can negatively affect company profits and reduce their real value, impacting stock prices. However, under moderate inflation, rising prices for goods and services may contribute to increased company profits and, consequently, stock prices. #Stocks #InflationEffect #EquityMarkets
4. Gold and Commodities: Investors often view precious metals and commodities as protective assets against inflation. High inflation levels may boost demand for such assets, including gold. #Gold #Commodities #InflationHedge
5. Central Banks: Eurozone central banks may use CPI data to shape their monetary policies. High inflation levels may lead to interest rate hikes, while low inflation may prompt rate cuts. #CentralBanks #MonetaryPolicy #InflationData
It's important to note that the impact of the Consumer Price Index depends on the economic context, the overall direction of central bank policies, and other factors. Market reactions may vary over different time periods and depending on investor expectations. Stay informed to navigate the dynamic financial landscape. 📈💹 #FinancialAnalysis #MarketImpact #EconomicIndicators
# Today: Changes in Crude Oil Reserves and Their Impact on the Economy
The Energy Information Administration (EIA) regularly assesses the weekly increase in barrels of commercial crude oil held by American firms. These crude oil reserve data are a crucial indicator influencing various aspects of the economy.
## Impact on Prices and the Economy:
1. Oil Product Prices:
Changes in crude oil reserves directly affect oil product prices. Increased reserves often lead to price reductions due to an excess of supply.
2. Influence on Inflation:
Prices of oil products have a direct impact on inflation. Elevated fuel and energy prices can increase overall expenditures and production costs, potentially raising inflation.
3. Economic Forces:
Crude oil reserves serve as a key indicator of economic health, reflecting the balance between supply and demand. They influence investments and overall economic stability.
## Today's News:
According to the latest data from the EIA, we observe changes in crude oil reserve metrics. This may impact the energy market and elicit reactions in financial circles.
#Oil #Energy #Economy #Inflation #CrudeOilReserves #EIA #EnergyMarket #Finance #CrudeOil #Investments
Investors and market participants will closely monitor these changes, and a proper understanding of their impact aids in making informed decisions in financial markets.
The Energy Information Administration (EIA) regularly assesses the weekly increase in barrels of commercial crude oil held by American firms. These crude oil reserve data are a crucial indicator influencing various aspects of the economy.
## Impact on Prices and the Economy:
1. Oil Product Prices:
Changes in crude oil reserves directly affect oil product prices. Increased reserves often lead to price reductions due to an excess of supply.
2. Influence on Inflation:
Prices of oil products have a direct impact on inflation. Elevated fuel and energy prices can increase overall expenditures and production costs, potentially raising inflation.
3. Economic Forces:
Crude oil reserves serve as a key indicator of economic health, reflecting the balance between supply and demand. They influence investments and overall economic stability.
## Today's News:
According to the latest data from the EIA, we observe changes in crude oil reserve metrics. This may impact the energy market and elicit reactions in financial circles.
#Oil #Energy #Economy #Inflation #CrudeOilReserves #EIA #EnergyMarket #Finance #CrudeOil #Investments
Investors and market participants will closely monitor these changes, and a proper understanding of their impact aids in making informed decisions in financial markets.
What news today and how they might affect trading briefly:
1. Building Permits:
- Impact: High. An increase may signal economic growth and investor confidence.
- Possible trading reactions: Rise in the US dollar with positive data.
2. Core Durable Goods Orders (MoM) (November):
- Impact: Strong. Measures orders for long-lasting goods excluding transportation and can reflect the state of the industrial sector.
- Possible trading reactions: Rise in the US dollar with positive data, negative impact on stock markets with weak figures.
3. Core PCE Price Index (YoY) (November):
- Impact: Moderate. Preferred inflation indicator for the Federal Reserve.
- Possible trading reactions: Rise in the US dollar with increasing inflation, negative impact on bonds with higher inflation.
4. Core PCE Price Index (MoM) (November):
- Impact: Moderate. Measures monthly changes in the core consumer price index.
- Possible trading reactions: Rise in the US dollar with increasing inflation, negative impact on bonds with higher inflation.
5. New Home Sales (November):
- Impact: Moderate. Reflects demand for new homes and can be an indicator of the overall real estate market.
- Possible trading reactions: Rise in the US dollar with a strengthening real estate sector, impact on the market for construction materials, and stocks of construction companies.
#Economy #Trading #USD #Inflation #Construction #RealEstate #FedReserve #Finance #Investments #Markets #EconomicNews #TradingInstruments #DataAnalysis #FinancialNews
1. Building Permits:
- Impact: High. An increase may signal economic growth and investor confidence.
- Possible trading reactions: Rise in the US dollar with positive data.
2. Core Durable Goods Orders (MoM) (November):
- Impact: Strong. Measures orders for long-lasting goods excluding transportation and can reflect the state of the industrial sector.
- Possible trading reactions: Rise in the US dollar with positive data, negative impact on stock markets with weak figures.
3. Core PCE Price Index (YoY) (November):
- Impact: Moderate. Preferred inflation indicator for the Federal Reserve.
- Possible trading reactions: Rise in the US dollar with increasing inflation, negative impact on bonds with higher inflation.
4. Core PCE Price Index (MoM) (November):
- Impact: Moderate. Measures monthly changes in the core consumer price index.
- Possible trading reactions: Rise in the US dollar with increasing inflation, negative impact on bonds with higher inflation.
5. New Home Sales (November):
- Impact: Moderate. Reflects demand for new homes and can be an indicator of the overall real estate market.
- Possible trading reactions: Rise in the US dollar with a strengthening real estate sector, impact on the market for construction materials, and stocks of construction companies.
#Economy #Trading #USD #Inflation #Construction #RealEstate #FedReserve #Finance #Investments #Markets #EconomicNews #TradingInstruments #DataAnalysis #FinancialNews
Economic Overview on December 26, 2023: Anticipated News and Potential Impacts
Hello, esteemed colleagues! Tomorrow, on December 26, 2023, significant economic events await us. Let's examine how these news items might influence the financial world.
1. Japan Bank Basic CPI (YoY) (08:00 JPY) - Forecast: 3.0%
The anticipated rise in Japan's basic consumer price index can provide insights into the country's economic health. #Japan #Inflation
2. Basic CPI (YoY) (Nov) (08:00 SGD) - Forecast: 3.20%, Actual: 3.30%
Singapore is set to release data on the basic CPI for November. An exceeding forecast may impact local authorities' decisions. #Singapore #Inflation
3. Consumer Price Index (YoY) (Nov) (08:00 SGD) - Forecast: 3.8%, Actual: 4.7%
Singapore's Consumer Price Index is expected to surpass the forecast. How will this affect consumer spending? #CPI #Expenditure
4. S&P/CS Composite-20 HPI (MoM) (Oct) (17:00 USD) - Forecast: 0.2%
Impact on the U.S. real estate market: How will housing prices change in October? #RealEstate #Market
5. S&P/CS Composite-20 HPI Excluding Seasonal Variations (YoY) (Oct) (17:00 USD) - Forecast: 5.0%, Actual: 3.9%
The annual increase in U.S. housing prices may influence buyer and investor decisions. #Housing #Investments
6. 2-Year Treasury Note Auction (21:00 USD) - Average Yield: 4.887%
A bond auction in the U.S.: What does this mean for the financial market and the dollar? #Finance #Bonds
Conclusion:
Stay tuned for updates, discuss events in the comments, and prepare for potential changes in financial markets. Good luck with your investment strategies! #Economy #Finance #Investments #News #FreshForecast #FreshForex
Hello, esteemed colleagues! Tomorrow, on December 26, 2023, significant economic events await us. Let's examine how these news items might influence the financial world.
1. Japan Bank Basic CPI (YoY) (08:00 JPY) - Forecast: 3.0%
The anticipated rise in Japan's basic consumer price index can provide insights into the country's economic health. #Japan #Inflation
2. Basic CPI (YoY) (Nov) (08:00 SGD) - Forecast: 3.20%, Actual: 3.30%
Singapore is set to release data on the basic CPI for November. An exceeding forecast may impact local authorities' decisions. #Singapore #Inflation
3. Consumer Price Index (YoY) (Nov) (08:00 SGD) - Forecast: 3.8%, Actual: 4.7%
Singapore's Consumer Price Index is expected to surpass the forecast. How will this affect consumer spending? #CPI #Expenditure
4. S&P/CS Composite-20 HPI (MoM) (Oct) (17:00 USD) - Forecast: 0.2%
Impact on the U.S. real estate market: How will housing prices change in October? #RealEstate #Market
5. S&P/CS Composite-20 HPI Excluding Seasonal Variations (YoY) (Oct) (17:00 USD) - Forecast: 5.0%, Actual: 3.9%
The annual increase in U.S. housing prices may influence buyer and investor decisions. #Housing #Investments
6. 2-Year Treasury Note Auction (21:00 USD) - Average Yield: 4.887%
A bond auction in the U.S.: What does this mean for the financial market and the dollar? #Finance #Bonds
Conclusion:
Stay tuned for updates, discuss events in the comments, and prepare for potential changes in financial markets. Good luck with your investment strategies! #Economy #Finance #Investments #News #FreshForecast #FreshForex
Key Economic Indicators and Potential Market Impact Today
1. Eurozone Consumer Price Index (CPI) (YoY) (December):
*Actual: 2.9%, Forecast: 3.0%, Previous: 2.4%*
Data on the Eurozone Consumer Price Index reflects the year-on-year inflation for December. If inflation figures fall below expectations, concerns about economic growth may arise, impacting the Euro (EUR) and potentially affecting European stocks.
*Potential Instruments: EUR/USD, Eurozone Stock Indices*
2. US Average Hourly Earnings (MoM) and Nonfarm Payrolls (December):
*Average Hourly Earnings: 0.3%, Forecast: 0.4%*
*Nonfarm Payrolls: 170K, Forecast: 199K*
Indicators of the US labor market, including wage growth and nonfarm payrolls, can influence the US Dollar (USD) and global investment activity. Figures surpassing expectations may strengthen the dollar and instill confidence in the US economy.
*Potential Instruments: USD pairs (e.g., EUR/USD, USD/JPY), US Stock Indices*
3. US Unemployment Rate (December):
*Actual: 3.8%, Forecast: 3.7%*
Changes in the unemployment rate provide insights into the overall state of the US labor market. A lower unemployment rate is generally seen as a positive signal for the economy and may support the US Dollar.
*Potential Instruments: USD pairs, US Stock Indices*
4. US ISM Non-Manufacturing PMI and Prices (December):
*ISM Non-Manufacturing PMI: 52.6, Forecast: 52.7*
*ISM Non-Manufacturing Prices: 58.3*
The ISM Non-Manufacturing PMI reflects the economic condition of the US services sector. A value above 50 indicates expansion, while below 50 suggests contraction. Figures exceeding expectations may support the US Dollar, while lower values could have the opposite effect.
*Potential Instruments: USD pairs, US Dollar Index (DXY), US Treasury Securities*
#Forex #EconomicIndicators #TradingNews #USD #EUR #StockMarket #Investing #Inflation #Employment #PMI #FinancialMarkets
1. Eurozone Consumer Price Index (CPI) (YoY) (December):
*Actual: 2.9%, Forecast: 3.0%, Previous: 2.4%*
Data on the Eurozone Consumer Price Index reflects the year-on-year inflation for December. If inflation figures fall below expectations, concerns about economic growth may arise, impacting the Euro (EUR) and potentially affecting European stocks.
*Potential Instruments: EUR/USD, Eurozone Stock Indices*
2. US Average Hourly Earnings (MoM) and Nonfarm Payrolls (December):
*Average Hourly Earnings: 0.3%, Forecast: 0.4%*
*Nonfarm Payrolls: 170K, Forecast: 199K*
Indicators of the US labor market, including wage growth and nonfarm payrolls, can influence the US Dollar (USD) and global investment activity. Figures surpassing expectations may strengthen the dollar and instill confidence in the US economy.
*Potential Instruments: USD pairs (e.g., EUR/USD, USD/JPY), US Stock Indices*
3. US Unemployment Rate (December):
*Actual: 3.8%, Forecast: 3.7%*
Changes in the unemployment rate provide insights into the overall state of the US labor market. A lower unemployment rate is generally seen as a positive signal for the economy and may support the US Dollar.
*Potential Instruments: USD pairs, US Stock Indices*
4. US ISM Non-Manufacturing PMI and Prices (December):
*ISM Non-Manufacturing PMI: 52.6, Forecast: 52.7*
*ISM Non-Manufacturing Prices: 58.3*
The ISM Non-Manufacturing PMI reflects the economic condition of the US services sector. A value above 50 indicates expansion, while below 50 suggests contraction. Figures exceeding expectations may support the US Dollar, while lower values could have the opposite effect.
*Potential Instruments: USD pairs, US Dollar Index (DXY), US Treasury Securities*
#Forex #EconomicIndicators #TradingNews #USD #EUR #StockMarket #Investing #Inflation #Employment #PMI #FinancialMarkets
Important Events Today:
1. At 16:30 Moscow time - U.S. Producer Price Index.
2. At 18:00 Moscow time - FOMC Member Neel Kashkari's speech.
The EURUSD pair maintains a positive trend despite a renewed demand for the U.S. Dollar in the early Asian session on Friday. The pair's growth is supported by a risky environment ahead of key U.S. data releases. At the time of publication, the EUR/USD pair is trading at the level of 1.0977.
On January 11, the U.S. Department of Labor reported that initial claims for unemployment benefits for the week ending January 6 reached the lowest level since mid-October, decreasing by 1,000 to 202,000 from the revised previous week's figure of 203,000. The Consumer Price Index (CPI) in the U.S. for December increased by 3.4% compared to the previous value of 3.1%, surpassing the market consensus forecast of 3.2%. The core CPI, excluding volatile food and energy prices, rose by 3.9% YoY in December, exceeding expectations of 3.8%.
Christine Lagarde, President of the European Central Bank (ECB), stated on Thursday that interest rates would be lowered if the ECB is confident that inflation will decrease to the 2% level. Lagarde added that interest rates in the eurozone have peaked after a rapid rise in response to high inflation last year. Traders anticipate at least five rate cuts in 2024, with the first move expected in March or April.
Today, the U.S. Producer Price Index (PPI) is set to be published, with forecasts indicating a 1.3% growth compared to the same period last year in December. Trading recommendation: Buy from the current price level. For more in-depth analytical reviews, you can visit the FreshForex website.
#FinancialEvents #EURUSD #Indices #Dollar #Inflation #Rates #ECB #TradingRecommendation #ProducerPriceIndex #FreshForex #Analytics
1. At 16:30 Moscow time - U.S. Producer Price Index.
2. At 18:00 Moscow time - FOMC Member Neel Kashkari's speech.
The EURUSD pair maintains a positive trend despite a renewed demand for the U.S. Dollar in the early Asian session on Friday. The pair's growth is supported by a risky environment ahead of key U.S. data releases. At the time of publication, the EUR/USD pair is trading at the level of 1.0977.
On January 11, the U.S. Department of Labor reported that initial claims for unemployment benefits for the week ending January 6 reached the lowest level since mid-October, decreasing by 1,000 to 202,000 from the revised previous week's figure of 203,000. The Consumer Price Index (CPI) in the U.S. for December increased by 3.4% compared to the previous value of 3.1%, surpassing the market consensus forecast of 3.2%. The core CPI, excluding volatile food and energy prices, rose by 3.9% YoY in December, exceeding expectations of 3.8%.
Christine Lagarde, President of the European Central Bank (ECB), stated on Thursday that interest rates would be lowered if the ECB is confident that inflation will decrease to the 2% level. Lagarde added that interest rates in the eurozone have peaked after a rapid rise in response to high inflation last year. Traders anticipate at least five rate cuts in 2024, with the first move expected in March or April.
Today, the U.S. Producer Price Index (PPI) is set to be published, with forecasts indicating a 1.3% growth compared to the same period last year in December. Trading recommendation: Buy from the current price level. For more in-depth analytical reviews, you can visit the FreshForex website.
#FinancialEvents #EURUSD #Indices #Dollar #Inflation #Rates #ECB #TradingRecommendation #ProducerPriceIndex #FreshForex #Analytics
Event to watch today: 18:30 MSK. USD - Crude Oil Inventory Data.
The GBP/USD pair is in focus, oscillating around 1.2710 during the Asian session on Wednesday. After a recent decline, interrupting a four-day winning streak, the British Pound (GBP) found support against the U.S. Dollar (USD). Market risk-on sentiment, fueled by comments from Federal Reserve (FRS) members suggesting a possible rate cut by the end of 2024, contributed to the weakening of the USD. However, a sudden shift in risk aversion sentiment added extra pressure on the GBP/USD pair.
Furthermore, the head of the U.S. Federal Reserve, Michelle W. Bowman, stated that the current policy appears sufficiently tight but may eventually need a rate cut if inflation approaches the 2% target. Recently, the GBP/USD pair has shown strength, primarily influenced by divergences in monetary policies between the Bank of England (BoE) and the U.S. Federal Reserve (FRS). While the BoE maintains its stance on further rate hikes, despite signs of weakening inflation and wage growth, expectations are growing that the FRS might initiate an easing cycle as early as March.
Trading recommendation: Keep a close eye on the 1.2700 level.
#GBPUSD #CrudeOil #FRS #BankofEngland #InterestRates #Inflation #TradingRecommendation #Finance #Forex #CurrencyPairs
The GBP/USD pair is in focus, oscillating around 1.2710 during the Asian session on Wednesday. After a recent decline, interrupting a four-day winning streak, the British Pound (GBP) found support against the U.S. Dollar (USD). Market risk-on sentiment, fueled by comments from Federal Reserve (FRS) members suggesting a possible rate cut by the end of 2024, contributed to the weakening of the USD. However, a sudden shift in risk aversion sentiment added extra pressure on the GBP/USD pair.
Furthermore, the head of the U.S. Federal Reserve, Michelle W. Bowman, stated that the current policy appears sufficiently tight but may eventually need a rate cut if inflation approaches the 2% target. Recently, the GBP/USD pair has shown strength, primarily influenced by divergences in monetary policies between the Bank of England (BoE) and the U.S. Federal Reserve (FRS). While the BoE maintains its stance on further rate hikes, despite signs of weakening inflation and wage growth, expectations are growing that the FRS might initiate an easing cycle as early as March.
Trading recommendation: Keep a close eye on the 1.2700 level.
#GBPUSD #CrudeOil #FRS #BankofEngland #InterestRates #Inflation #TradingRecommendation #Finance #Forex #CurrencyPairs
EUR/USD: Focus on Consumer Price Index.
Traders' attention is on the Consumer Price Index (CPI) in the Eurozone, expected at 10:00 AM MSK. EUR/USD is currently trading within a narrow range, holding the weekly level of 1.0770/80. In light of comments from representatives of the Fed and the ECB regarding inflation and interest rates direction, traders are closely monitoring future central bank decisions. The next ECB meeting is scheduled for March 7, where the market expects signals of rate cuts. In case of negative remarks, the euro's value may decline, providing opportunities to sell EUR/USD. #EUR #USD #Fed #ECB #inflation
Traders' attention is on the Consumer Price Index (CPI) in the Eurozone, expected at 10:00 AM MSK. EUR/USD is currently trading within a narrow range, holding the weekly level of 1.0770/80. In light of comments from representatives of the Fed and the ECB regarding inflation and interest rates direction, traders are closely monitoring future central bank decisions. The next ECB meeting is scheduled for March 7, where the market expects signals of rate cuts. In case of negative remarks, the euro's value may decline, providing opportunities to sell EUR/USD. #EUR #USD #Fed #ECB #inflation
GBP/USD: Await Macroeconomic Data.
GBP/USD is currently unable to surpass the 1.2620 level ahead of significant macroeconomic data. The head of the Bank of England made optimistic remarks about the current interest rate level, but also discussed the possibility of a rate cut. A mixed fundamental background leads traders to prefer observation before making new bets. Publication of employment and inflation data in the UK, as well as GDP and retail sales data, is expected. #GBP #USD #BankofEngland #macroeconomics #inflation
GBP/USD is currently unable to surpass the 1.2620 level ahead of significant macroeconomic data. The head of the Bank of England made optimistic remarks about the current interest rate level, but also discussed the possibility of a rate cut. A mixed fundamental background leads traders to prefer observation before making new bets. Publication of employment and inflation data in the UK, as well as GDP and retail sales data, is expected. #GBP #USD #BankofEngland #macroeconomics #inflation
USD/JPY: Impact of US Inflation Data.
USD/JPY continues to fluctuate within a narrow range but maintains its highest level in the last three months. Uncertainty surrounding decisions from the Fed and the Bank of Japan, as well as anticipation of US Consumer Price Index data, keep traders on the sidelines. It is anticipated that strong inflation figures in the US may support the dollar and influence further movement of the USD/JPY pair. #USD #JPY #Fed #BankofJapan #inflation #data
USD/JPY continues to fluctuate within a narrow range but maintains its highest level in the last three months. Uncertainty surrounding decisions from the Fed and the Bank of Japan, as well as anticipation of US Consumer Price Index data, keep traders on the sidelines. It is anticipated that strong inflation figures in the US may support the dollar and influence further movement of the USD/JPY pair. #USD #JPY #Fed #BankofJapan #inflation #data
USDJPY: Awaiting US Inflation Data and Bank of Japan Comments
The USD/JPY pair is trading without significant changes at the start of the Asian session. Uncertainty about the timing of interest rate cuts leaves the US dollar in consolidation. Investors are awaiting the release of US Consumer Price Index (CPI) data and comments from the Bank of Japan, which could influence the Japanese yen's exchange rate. Trading recommendation: preferably trade on buy from current price levels.
Today's events in the financial markets could significantly impact currency pair rates, so investors should exercise caution and monitor market dynamics. #Forex #Finance #Investments #EURUSD #GBPUSD #USDJPY #inflation #CPI #BankofEngland #Fed #BankofJapan #labormarket #unemployment
The USD/JPY pair is trading without significant changes at the start of the Asian session. Uncertainty about the timing of interest rate cuts leaves the US dollar in consolidation. Investors are awaiting the release of US Consumer Price Index (CPI) data and comments from the Bank of Japan, which could influence the Japanese yen's exchange rate. Trading recommendation: preferably trade on buy from current price levels.
Today's events in the financial markets could significantly impact currency pair rates, so investors should exercise caution and monitor market dynamics. #Forex #Finance #Investments #EURUSD #GBPUSD #USDJPY #inflation #CPI #BankofEngland #Fed #BankofJapan #labormarket #unemployment
Awaiting CPI data #CPIdata
In focus, the Consumer Price Index (CPI) data for January (consensus: 2.9%). The forecast suggests that the core index will drop to 3.8% year-on-year. Most likely, the actual inflation rates will align with expectations. However, the risk of surpassing the expected pace of growth in inflation persists, and the realization of this risk could lead to a correction in the S&P 500 below 5000 points. If the rounded increase in the core CPI is 0.2% month-on-month, the rally in the stock market may continue. In this scenario, particular attention is given to small-cap stocks, which are capable of demonstrating active growth.
Investor confidence in the Fed's return to control over inflation is evidenced by the fact that the total assets of the 10 largest U.S. exchange-traded funds specializing in inflation-linked bonds fell from a peak of over $99 billion in early 2022 to approximately $57 billion. They held roughly the same amount at the end of 2020, before U.S. consumer prices began to sharply accelerate. #Fedcontrol #inflation #stockmarket
In focus, the Consumer Price Index (CPI) data for January (consensus: 2.9%). The forecast suggests that the core index will drop to 3.8% year-on-year. Most likely, the actual inflation rates will align with expectations. However, the risk of surpassing the expected pace of growth in inflation persists, and the realization of this risk could lead to a correction in the S&P 500 below 5000 points. If the rounded increase in the core CPI is 0.2% month-on-month, the rally in the stock market may continue. In this scenario, particular attention is given to small-cap stocks, which are capable of demonstrating active growth.
Investor confidence in the Fed's return to control over inflation is evidenced by the fact that the total assets of the 10 largest U.S. exchange-traded funds specializing in inflation-linked bonds fell from a peak of over $99 billion in early 2022 to approximately $57 billion. They held roughly the same amount at the end of 2020, before U.S. consumer prices began to sharply accelerate. #Fedcontrol #inflation #stockmarket
USDJPY: Watch Level 150.00
USDJPY rises for a second day. Japanese officials warn against FX market speculation.
Japan's economy unexpectedly shrinks again in Q4.
US Fed seen keeping rates higher for longer.
Trade recommendation:
Monitor 150.00 level, buy on bounces.
#USDJPY #Dollar #Yen #Fed #Inflation #Economy #Forex #Analysis
USDJPY rises for a second day. Japanese officials warn against FX market speculation.
Japan's economy unexpectedly shrinks again in Q4.
US Fed seen keeping rates higher for longer.
Trade recommendation:
Monitor 150.00 level, buy on bounces.
#USDJPY #Dollar #Yen #Fed #Inflation #Economy #Forex #Analysis