Daily Forecast
The Forecast
2023.07.04
The US Manufacturing PMI was 60.8 (above the forecast of 60.4) but below the previous month's value of 61.1. On the one hand, there is a slowdown in activity in the manufacturing sector of the economy...
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The Forecast
2023.07.04
While the US dollar remains in a weak position, the G7 countries plan to meet in London later this week to discuss Washington's proposal for a minimum global corporate tax of at least 15%.
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The Forecast
2023.07.04
Positive labor market statistics, accelerating US economic growth, and statements by US Federal Reserve officials about selling corporate bonds have raised investor fears that the Fed could start redu...
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The Forecast
2023.07.04
Due to the rapid pace of economic recovery in the US, China, and Western Europe, investors remain concerned that central banks will pare back their stimulus measures earlier than expected.
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The Forecast
2023.07.04
At the end of this week, there will be a meeting of the G7 representatives in London. The main topic of the meeting is to ensure the sustainability of the financial system as the economy is recovering...
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The Forecast
2023.07.04
According to the latest FOMC protocol, the Fed will raise interest rates by 0.75% at its July meeting. The committee also lowered the growth forecast for the second half of 2022 and 2023.
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The Forecast
2023.07.04
Friday's release of personal consumption expenditures (PCE) data, which the Federal Reserve uses as a preliminary indicator of inflation, showed that inflation rose above the 3% mark.
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The Forecast
2023.07.04
In September, the US personal income decreased by 1%, while it was expected to drop by 0.3%, and personal spending increased by 0.6%, as expected. Monetary policy in the US and other countries is in f...
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The Forecast
2023.07.04
The British pound is rising on expectations of an interest rate hike, while the dollar is waiting for the Personal Consumption Expenditures (PCE) report, which is a preliminary indicator of inflation.
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The Forecast
2023.07.04
The US macro statistics on GDP change for the quarter will be released today, which is the key indicator of the economy's health. The analysts expect a small gain in GDP, which may have a temporary po...
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