This week’s US economic data schedule is somewhat low; up to Friday’s University of Michigan Consumer Sentiment Index, the only available data is of a moderate quality. In May, the UoM’s indexed poll of consumer economic expectations is predicted to decline slightly from 77.2 to 76.0 MoM. In March, the …
Read More »Noor Capital | Interview with Mohammad Hashad on Dubai TV – May 6
“Mohammed Hashad, Head of Research and Development at Noor Capital and a distinguished member of the US Association of Technical Analysts, provided insightful commentary and thorough analysis on the latest market dynamics and key asset performances in an exclusive interview with Dubai TV.” Interest Rate Decision of the Bank of …
Read More »Noor Capital | Interview with Mohammad Hashad on Dubai TV – April 29
Mohammed Hashad, Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, commented and analyzed the most prominent market developments and the performance of the most important assets, in an interview on Dubai TV. US Interest Expectations, Federal Reserve Decisions:Asked about his expectations …
Read More »What will investors watch closely next trading week?
The anticipation of interest rate cut or cuts by the Federal Reserve and data releases dominated the conversation for another week, during which the US dollar fluctuated. In light of this, the USD Index (DXY) appears to have started a slow downturn after reaching fresh annual highs earlier in the …
Read More »Bank of Japan intends to maintain the current monetary easing
BoJ Governor Kazuo Ueda stated in his semi-annual report on currency and monetary supervision issued on Wednesday that, given the current conditions of economic activity and prices, he expects the current accommodative conditions to be maintained.In his estimation, Ueda believes that the 2 percent price stability target will be achieved …
Read More »Market Drivers; US Session, March 27
Amidst minor retreats in risk-linked assets, the US dollar maintained its positive outlook and maintained the consolidating atmosphere near the upper end of its recent range. As the spot approached the 152.00 level, worries over possible FX intervention surrounding the USD/JPY continued to grow. Additional gains helped to keep the …
Read More »USD/JPY swings around 151.50 on T-yields’ recovery
The USD/JPY pair is stumbling around 151.50 as concerns over foreign exchange manipulation are still very much present. With the US dollar continuing to weaken and US rates continuing to rise, the pair is trading near the top of the recent range north of the 151.00 level. The beginning of …
Read More »Financial Markets’ Weekly Recap: Fed, Inflation Data in Focus
Global inflation-linked concerns, lest it should return to the previous highs, continue to reveal themselves in the context of the precautionary rhetoric adopted by major central banks worldwide. In practice, monetary policymakers have announced, through formal decisions, their intention to keep interest rates “higher for longer”, an important tool, until …
Read More »Market Drivers – US Session, March 19
The US Dollar continued its recent strength, pushing the USD Index (DXY) above 104.00 earlier on Tuesday, though the gain was short-lived and it was last seen at 103.871. All eyes are now focusing on the Federal Reserve’s interest rate decision later Wednesday, along with their economic projections and Chair …
Read More »Japanese Shares Surge as Bank of Japan Ends Negative Interest Rates
Japanese equities soared on Tuesday, propelled by the Bank of Japan’s widely anticipated decision to terminate eight years of negative interest rates. This landmark move marked Japan’s first policy tightening since 2007, signaling a significant departure from its prolonged era of ultra-easy monetary policy. BOJ’s Paradigm Shift: From Ultra-Easy Policy …
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