Daily Forecast
The Forecast
2023.07.04
Initial jobless claims in the US unexpectedly increased last week.
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The Forecast
2023.07.04
The US President Joe Biden supported Jerome Powell for a second four-year term as the US Federal Reserve chairman.
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The Forecast
2023.07.04
On Monday, the dollar was trading near a one-month low against most other major currencies.
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The Forecast
2023.07.04
Yesterday, the Federal Reserve Bank of San Francisco President Mary Daly said that the US economy is still far from “substantial progress,” meeting the central bank's 2% inflation target and the Fed's...
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The Forecast
2023.07.04
Federal Reserve Chairman Jerome Powell says that the US economy is still very far from reaching maximum employment.
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The Forecast
2023.07.04
FOMC member Williams said yesterday that Fed officials would gather additional data before the November meeting and make a decision on cutting the QE.
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The Forecast
2023.07.04
The euro has practically not changed, ignoring the election of a new chancellor in Germany.
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The Forecast
2023.07.04
On Wednesday, in the absence of important economic data, the dollar index continued to decline, and traders focused on the credit market. German Bonds continued to rise versus US T-Note.
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The Forecast
2023.07.04
The US jobless claims unexpectedly increased. The number of claims was 351K against a forecast of 320K.
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The Forecast
2023.07.04
At yesterday's Fed meeting, Jerome Powell said that the US central bank plans to start cutting the QE program soon, but nothing was said about specific dates.
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