Daily Forecast
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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The Forecast
2023.07.04
Friday's weaker-than-expected jobs report for September has not changed analysts' expectations that the Fed might start cutting back on stimulus by the end of the year. The US economy added only 194,0...
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The Forecast
2023.07.04
The initial jobless claims in the US declined last week. The number of new applications for the week was 326,000 (forecast 348,000). This is the lowest quarterly figure since 1997.
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The Forecast
2023.07.04
Fed Chairman Jerome Powell has set a very low bar for the labor market in terms of what the Fed needs to see moving forward. Therefore, the QE program cut at the November meeting is likely to be a don...
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The Forecast
2023.07.04
The dollar index is strengthening again while investors partially shift their money into cash as the US Federal Reserve will begin asset cuts in 2021 and raise interest rates in 2022.
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The Forecast
2023.07.04
The 10-year US Treasury bond yield reached 1.56% last week, the highest level since June, as investors worried about inflationary pressures and tighter monetary policy.
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The Forecast
2023.07.04
The dollar remains near a 20-year high. The main focus of investors today is Non-farm Payrolls data. A former prime minister was shot in Japan.
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The Forecast
2023.07.04
Supply chain problems put pressure on manufacturing activity in Europe and China, while US industrial production unexpectedly increased at the end of the week.
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The Forecast
2023.07.04
The number of new jobless claims in the US was 199,000; analysts expected an amount of 260,000.
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The Forecast
2023.07.04
Today, the FOMC protocols are expected to be published as well as some other important US economic data ahead of tomorrow's bank holiday.
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