Daily Forecast Archive - Page 70 of 188

The Forecast

2023.07.04

After the Fed meeting on Wednesday, it became clear that there would be no sharp changes in monetary policy until the end of the year.

The Forecast

2023.07.04

Important macroeconomic statistics will be released in the USA and Canada today, so traders should be especially careful. Volatility in the American session will be higher than usual.

The US labor market is gaining momentum. Jobless claims decreased by 26,000 to 360,000. It’s the lowest number in the last 16 months. The number of repeated claims also fell by 126,000 to 3.2 million.

The Forecast

2023.07.04

Yesterday, at the Fed meeting, it was announced that the regulator would be reducing the stimulus program (QE) during the next 3 quarters.

The Forecast

2023.07.04

Last week the number of new jobless claims was 375,000 (previous - 387,000) in the US, in line with economists' forecasts. The labor market is slowly recovering.

The Forecast

2023.07.04

On Friday, US Treasury yields fell as the stock market decline reflected poor risk appetite and increased demand for safe-haven assets such as gold and the Japanese yen.

The Forecast

2023.07.04

The Bank of England will announce the Interest Rate Decision today. Same as in the US, no changes are planned in monetary policy.

The Forecast

2023.07.04

On Thursday, the dollar index slightly weakened its positions but continued its upward trend during the Asian session. The driver of the short-term southern movement was the release of the US GDP data...

The Forecast

2023.07.04

According to the US Labor Department, the consumer price index (CPI) decreased from 0.9% to 0.5%. The core CPI, which does not include food and fuel prices, fell from 0.9% to 0.3%.

The Forecast

2023.07.04

The dollar index continues to rise. But analysts are confident that the current strengthening is temporary, as the growth of the US dollar is primarily due to the fact that the Fed raised the IOER rat...