Daily Forecast
The Forecast
2023.07.04
The US Consumer Price Index increased to 5.4% (expected - 5.3%), the largest annual gain since 2008. The core CPI, which excludes food and energy prices, remained at 4% level.
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The Forecast
2023.07.04
Fed members Bullard and Bostick support the start of QE program’s cuts in November. At the same time, the Fed expects the unemployment rate to return to pre-pandemic levels next spring.
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The Forecast
2023.07.04
The US exports fell by 2.1%, and imports increased by 4.7% last month.
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The Forecast
2023.07.04
The initial US jobless claims were 269,000 (forecast 275,000, previous 281,000), the lowest since the pandemic began. Today, the US non-farm payrolls report will also be released.
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The Forecast
2023.07.04
The dollar index has been traded in a narrow range for the past two trading days, indicating low volatility caused by the Christmas and New Year holidays.
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The Forecast
2023.07.04
According to the results of the Fed meeting, the US central bank will begin reducing its quantitative easing program in November and plans to end it in 2022.
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The Forecast
2023.07.04
Rising energy prices could lead to higher inflation in the coming months and limit consumer spending on products and services. Ultimately, this might slow the US economic recovery to the point of rece...
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The Forecast
2023.07.04
With Omicron fears easing, the Japanese Yen hit a one-month low yesterday, while the Euro and the British Pound were stable.
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The Forecast
2023.07.04
The balance of the US Fed reached a new record of $8.8 trillion. But it should be noted that the Fed's bond buying pace is declining now.
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The Forecast
2023.07.04
Today, traders' attention is focused on the US Federal Reserve's meeting (FOMC). Analysts expect the US central bank to announce the reduction of the quantitative easing (QE) program officially.
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