Daily Forecast
The Forecast
2023.07.04
Ahead of central bank meetings in Europe, Japan, and Canada, the dollar index slightly increased, suggesting that investors are now partly reallocating to the dollar amid rising risks.
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The Forecast
2023.07.04
On Wednesday, the dollar index fell against major currencies since easing fears of an economic hit from the Omicron COVID-19 strain helped support riskier currencies such as the Australian dollar.
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The Forecast
2023.07.04
The US Inflation Expectations index has reached a one-year high. Some economists believe that the Fed has not fully assessed inflationary pressures, and the next CPI reports could be shocking.
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The Forecast
2023.07.04
Investors' appetite for risk has slightly increased again since the variant Omicron COVID-19 although less serious.
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The Forecast
2023.07.04
The US initial jobless claims fell to 290,000 (forecast 297,000, previous 293,000). The labor market situation continues to improve. The US Federal Reserve's business activity index in Philadelphia is...
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The Forecast
2023.07.04
The dollar index again demonstrates strength towards main currencies since concerns about the impact of the OMICRON COVID-19 variant are decreasing.
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The Forecast
2023.07.04
Today, investors' attention will be focused on the Fed's interest rate decision as well as Fed Chief Jerome Powell's speech at the press conference.
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The Forecast
2023.07.04
Last week on Friday, investors' attention was focused on US nonfarm payrolls data.
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The Forecast
2023.07.04
The ADP employment report showed that the US labor market is recovering despite high inflation. But 5 million more jobs are needed to reach the pre-pandemic numbers. Today, the US will release an impo...
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The Forecast
2023.07.04
According to Eurostat, annual inflation in the Eurozone accelerated to 3.4% in September, the highest level since September 2008. In Germany, the producer price index, which shows the inflation rate a...
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