Jovana Pribic

USA equities continue their recent bounce back, USD rises, whilst investors await Fed chair Powell’s first appearance before a House panel

Morning Roll Call

U.S. equity markets and overall investor sentiment, appears to have discovered an equilibrium position. The subjects of inflation, bonds, market valuations, and the U.S. dollar value, are no longer the overall concerns that caused the sudden sell off, witnessed in late January early February. Sentiment appears to be back to 2017 bullish levels, an example […]

USA equities continue their recent bounce back, USD rises, whilst investors await Fed chair Powell’s first appearance before a House panel Read More »

The latest USA GDP growth figures may calm investors’ nerves, but raise questions regarding the Fed’s monetary policy

Mind The Gap

On Wednesday February 28th at 13:00pm GMT (U.K. time), the latest GDP figures relating to the USA economy will be published. There are two metrics released; the annualized year on year growth figure and the figure up to and including Q4. The forecast is that the YoY figure will fall to 2.5% from the 2.6%

The latest USA GDP growth figures may calm investors’ nerves, but raise questions regarding the Fed’s monetary policy Read More »

Investors’ attention will turn to the latest Eurozone inflation figure, due to the ECB’s concerns regarding the euro’s high value

Mind The Gap

On Wednesday February 28th, at 10:00am GMT (London time), the latest estimate for the Eurozone CPI (consumer price inflation) will be released. The forecast, obtained by taking a consensus opinion from many leading economists, predicts a fall to 1.2% YoY for February, from the 1.3% recorded up to January 2018. The monthly inflation figure for

Investors’ attention will turn to the latest Eurozone inflation figure, due to the ECB’s concerns regarding the euro’s high value Read More »

U.S. equity markets ended last week with a significant rise, and investors will focus on the USA GDP figures this Wednesday to judge the direction of equities and the U.S. dollar

Morning Roll Call

U.S. equity markets reversed their earlier weekly losses on Friday, with the SPX rising by 1.60% on the day, the rise has now placed the index back in positive territory for the year; YTD the rise was 2.79% at Friday’s close of business. Both the DJIA and NASDAQ have followed similar recovery patterns, however, the

U.S. equity markets ended last week with a significant rise, and investors will focus on the USA GDP figures this Wednesday to judge the direction of equities and the U.S. dollar Read More »

WEEKLY MARKET SNAPSHOT 26/2 – 2/3| A week of GDP figures for Canada, the USA, France and Italy, may indicate the strength of western global growth, whilst various CPIs will reveal the level of inflationary pressures

Is The Trend Still Your Friend

North America’s GDPs will come into sharp focus during the week, Canada is currently producing excellent growth figures and at 3.5% growth, the Canadian economy is top of the growth charts, for the Western Hemisphere. The USA is currently printing GDP growth of 2.6% and economists are forecasting that both countries’ figures will be maintained,

WEEKLY MARKET SNAPSHOT 26/2 – 2/3| A week of GDP figures for Canada, the USA, France and Italy, may indicate the strength of western global growth, whilst various CPIs will reveal the level of inflationary pressures Read More »

U.S. markets rise after two days of losses, U.S. dollar index falls, and yen rises versus peers

Morning Roll Call

Equity markets in the USA broke their two day losing streak on Thursday, as both the DJIA and SPX closed up, encouraging jobless claims. Falling to a five week low, and continuous claims also falling, added to the overall mood of investor optimism during the New York session. However, many analysts were quoting that institutional

U.S. markets rise after two days of losses, U.S. dollar index falls, and yen rises versus peers Read More »

FOMC minutes underscores the Fed’s faith in the USA economy, but provides no clues regarding interest rate rises, U.S. dollar continues recent recovery

Morning Roll Call

The FOMC minutes, relating to the January 30th-31st meeting were released on Wednesday evening and they offered up very little in the way of clues, regarding the timing of interest rate rises in 2018. Instead the minutes accentuated the positives in the USA economy and with regards to any concerns over inflation building up, the

FOMC minutes underscores the Fed’s faith in the USA economy, but provides no clues regarding interest rate rises, U.S. dollar continues recent recovery Read More »

U.S. equities sell off, gold falls, U.K. pound rises on Brexit optimism, and U.S. treasury auction raises eyebrows

Morning Roll Call

Both main USA equity markets, the DJIA and SPX, sold off during Tuesday’s New York session, as the markets raced back into life after the close for the President’s Day bank holiday. Both key indices eventually closed down, ending an unbroken winning streak of six days. Certain earnings spooked the markets, most notably the giant

U.S. equities sell off, gold falls, U.K. pound rises on Brexit optimism, and U.S. treasury auction raises eyebrows Read More »

Investors will focus on the U.K.’s latest GDP figure published on Thursday, to establish if the economy is effected by the impending Brexit

Mind The Gap

On Thursday February 22nd, at 9:30am U.K. (GMT) time, the U.K.’s official statistics agency, the ONS will publish the latest GDP readings. Both the quarter on quarter and year on year gross domestic product readings will be released. The forecasts, obtained by the leading news agencies Bloomberg and Reuters, through polling their panels of economists,

Investors will focus on the U.K.’s latest GDP figure published on Thursday, to establish if the economy is effected by the impending Brexit Read More »

U.S. dollar stabilises, yen falls, European equity markets slip, while gold and WTI oil rise

Morning Roll Call

In a relatively quiet trading day, due to markets being closed as a consequence of President’s day in the USA, the majority of FX pairs traded sideways in tight ranges, throughout the day’s trading sessions. There was very little medium to high impact economic calendar news published, only the Eurozone’s increasing current account surplus, growing

U.S. dollar stabilises, yen falls, European equity markets slip, while gold and WTI oil rise Read More »