capital Daniela Hathorn
Federal Reserve meeting preview: strong data is making it hard to justify cutting rates
The Federal Reserve is expected to keep rates unchanged at its meeting on Wednesday. Data from Reuters shows a 98% chance of no changes to the current range of 5.25% - 5.50% despite data released on Friday showing the core PCE index – the Fed’s preferred...
7 months ago
UK Bank Earnings: What to expect from Lloyds, Barclays and HSBC?
UK banks will be in the spotlight in the week ahead as the European earnings season continues. A key metric to look out for when analysing bank earnings is interest income. This is the difference in the rates it charges for loans versus what it pays on de...
7 months ago
Central banks preview: Fed, ECB and BoE on the radar this week
It’s a busy week ahead for the central bank calendar, with 5 major central banks set to report on their monetary policy. The two-day showdown will be kicked off by the Federal Reserve (Fed) on Wednesday, followed by the European Central Bank (ECB), Bank o...
7 months ago
Is Big Tech behind the apparent bull market rally?
While the Magnificent Seven have dominated market momentum in recent months, it’s not true that they are the sole drivers of the recent rally in equity markets. Whilst the big tech stocks have indeed driven the S&P 500 and Nasdaq 100 to new all-time h...
7 months ago
Did the Fed jump the gun by being too dovish? Will bonds outperform stocks in 2024?
It’s been a rollercoaster ride for US equities recently, but the stock market has corrected course heading into the end of the year. The S&P 500 is trading at the highest level in almost two years whilst the Nasdaq 100 is pushing to an all-time high....
7 months ago
UK CPI drops to a two-year low, pushing the FTSE 100 to a seven-month high
The FTSE 100 surged in early trading on Wednesday as the latest inflation figures showed consumer prices had risen less than expected in the last 12 months. Headline CPI came in at 3.9% year-over-year in November, the lowest level in two years. Analysts h...
7 months ago
Euro Zone CPI expected to continue dropping; economists warn about cutting too soon
We seem to have turned a page in the monetary policy handbook recently as markets are now trying their best to price in the first rate cut from major central banks. The continued drop in consumer prices has shaped expectations that there will be no more r...
7 months ago
CPI drops more than expected in Europe, Spain’s IBEX 35 looking to break pre-COVID highs
European stocks received another push higher on Wednesday as local inflation readings showed a widespread drop in consumer prices in November. The morning kicked off with Spanish CPI which dropped to 3.2% year-over-year, a drop from 3.5% in the previous m...
7 months ago
Bank of England preview: will updated projections show more cuts are expected in 2024?
The Bank of England is expected to keep rates unchanged at its meeting on Thursday, 01 Februaryt. Data provided by Reuters shows a 97% chance of keeping rates at the current level of 5.25%. Until now, the central bank has had a firm stance against discuss...
7 months ago
Higher CPI leaves traders unfazed as US equities continue to build momentum
All price information and forecast data in this article is sourced from Reuters The latest US CPI reading hasn’t gone how the Federal would have hoped. Consumer prices came in higher than expected in February for the third month in a row. The price of goo...
6 months ago
Central Banks: which one will cut first?
After months of speculation, traders turn their attention to the central banks to try and figure out which will be the first one to cut. Before the year started, many thought all the major banks would have started cutting by now, or at least suggested tha...
6 months ago
How escalating geopolitical tensions are impacting oil markets
All price information and forecast data in this article is sourced from TradingView, Reuters. The bullish momentum in oil prices remains strong as escalating geopolitical tensions raise concerns about supply. Ongoing Ukrainian attacks on Russian refinerie...
6 months ago
Gold price in 2024: geopolitical tensions and rate-cut expectations keep XAU/USD supported
The price information and economic data in this article are sourced from Investing.com, and Reuters.Investors are keeping a close eye on gold as the conflict in the Middle East escalates with a possibility of a full-scale regional war in the area. Iran’s...
5 months ago
ECB preview: A cut, but how many more?
All price information and forecast data in this article is sourced from Reuters, FX Street After months of waiting, a rate cut from the ECB on Thursday looks like a done deal. Data from Reuters shows markets pricing in a 96% chance of a 25-basis point cut...
2 months ago