TAG: European Central Bank
Trading volatility: EUR/USD eyes US inflation and ECB rates decision this week
(AI Video Summary) Watching EUR/USD pair in the coming week The week of April 8th presents notable trading risk events, particularly in the US CPI inflation data release and the FOMC meeting minutes. Following these, the ECB's policy statement and rate an...
6 months ago
Week ahead: FOMC minutes; ECB; RBNZ; BoC; US banks bonanza
Plus, Tesco, Delta along with Citi, JPMorgan Chase and Wells Fargo kick off the earnings season. Watch out for a written US banks earnings preview from IG’s Shaun Murison on IG.com. (AI Video Summary) Overview for the week ahead This week's economic h...
6 months ago
Ahead of the game: 5 April 2024
US stock markets tumbled this week as rising geopolitical tensions and more hawkish Fed speak raised questions around the scope and depth of possible Fed rate cuts. After striking a fresh record high early in the week, the ASX 200 erased all of las...
6 months ago
FX traders await central bank decisions for fresh impetus
US Federal Reserve meeting minutes will also be closely monitored on Wednesday, as IGTV’s Angela Barnes explains. (AI Video Summary) Reserve Bank of New Zealand The financial discourse revolves around impending central bank announcements affecting cur...
6 months ago
US CPI, ECB ahead
The dollar The USD was relatively stable on Monday. The dollar basket briefly jumped on Friday at the release of March non-farm payrolls before paring its gains. Investors now look ahead to US inflation data on Wednesday. The consumer price index is expec...
6 months ago
DAX plummets in worst week since October as ECB meeting looms: what to expect
The DAX, a top performer in 2024, experienced its steepest weekly drop since last October last week, hinting at market apprehension and profit-taking before the upcoming ECB meeting. What is expected from the ECB interest rate meeting (Thursday, 11 April...
6 months ago
US inflation is in sight
The Reserve Bank of New Zealand Kiwi rates have been maintained, as expected. The official cash rate stays at 5.5%, extending the rate pause for a sixth straight month. The Reserve Bank of New Zealand (RBNZ) committee agreed that interest rates will need...
6 months ago
Timing of ECB Cut Hangs on Wage Data
The EUR/USD (EUR/USD) pair remained steady on Tuesday, April 9, ahead of the release of US inflation data and the European Central Bank (ECB) interest rate decision. On the other hand, European stocks closed lower on Tuesday as investors stayed cautious b...
6 months ago
Look ahead: ECB; US PPI and initial jobless claims; China CPI; Constellation Brands
China CPI numbers come at a time when cracks in the country’s property market are growing. Plus, Constellation Brands reports quarterly earnings. (AI Video Summary) A busy Thursday ahead In today's "Look ahead" video, Angeline Ong previews significant...
6 months ago
The ECB is now likely to cut rates before the Fed
The Federal Reserve For months, a June Fed rate cut was traders' favourite bet, but after Wednesday's stronger-than-expected consumer price index (CPI), they don't see any policy easing before the Federal Reserve (Fed)'s mid-September, which would mean t...
6 months ago
Target Thursdays: Bitcoin, US400, RUS2000, and EURGBP
Bitcoin still climbing this CPI week; up over 2%/$1,600 since Sunday US400 and RUS2000 stock indices showed larger-CPI reactions, as predicted FXTM Trading Signals: EURGBP reaches all 4 Targets The monthly US CPI release has come and gone....
6 months ago
Beat the street: PPI; Iron ore; hot cocoa; euro tumbles after ECB keeps rates on hold
London and New York cocoa futures trade near record high prices amid signs of sustained demand, supply remains difficult. Euro hits two-month low after the European Central Bank held rates at a record high. (AI Video Summary) US stock futures show ca...
6 months ago
European stocks rise as geopolitical tensions ease and earnings season looms
Tracking financial profitability in the face of rising rates European equity indices kicked off the new week on a firmer footing, supported by easing geopolitical tensions and ahead of key earnings releases in the US and Europe. While US Megatech names wi...
5 months ago
Technical cheat sheet: how to trade the euro against a cautious USD
In this week’s Technical cheat sheet, we’re diving into the EUR/USD currency pair, which has seen only a slight price fluctuation from 107.80 to 107.60 since mid-February. It appears the market is taking a breather, and we’re noting an environment of caut...
5 months ago