Jovana Pribic

U.S. dollar slumps, euro rises, U.S. equity markets continue recovery, while gold and Swiss franc attract safe haven bids

The DJIA and SPX equity markets continued their recent gains, posting moderate gains on Tuesday, both indices getting close to finally erasing the year to date losses and moving into positive territory. Wall Street nervousness was still evident as investors await the latest set of CPI inflation figures, which will be delivered by the BLS […]

U.S. dollar slumps, euro rises, U.S. equity markets continue recovery, while gold and Swiss franc attract safe haven bids Read More »

U.S. equities recover to close in on positive gains for 2018, U.S. dollar index falls, FX price action is nonexistent, as major pairs trade in tight ranges

The major U.S. markets and indices have now recovered much of the lost ground given up last week; the DJIA closed up 1.70%, SPX up 1.39% and the NASDAQ moved into positive territory for the year to date; up 1.57% on the day and 1.142 in 2018. The overall 10% market fall by the three

U.S. equities recover to close in on positive gains for 2018, U.S. dollar index falls, FX price action is nonexistent, as major pairs trade in tight ranges Read More »

U.S. inflation figures are released on Wednesday, if YoY inflation has fallen, then equity market investors may regain confidence

On Wednesday February 14th at 13:30PM GMT (U.K. time), the USA BLS department publishes its latest findings regarding CPI (inflation) in the USA. There’s a series of CPI data released at the same time, but investors and analysts will concentrate on two key measures, the month on month and year on year CPI figures. Due

U.S. inflation figures are released on Wednesday, if YoY inflation has fallen, then equity market investors may regain confidence Read More »

As the latest CPI (inflation) figure is released, will the Bank of England prove right in keeping the base interest rate at 0.5%?

On February 13th at 9.30AM the U.K. statistics agency the ONS, will publish the latest inflation figures for the U.K. economy. The inflation figures include the: CPI, RPI, core inflation, input, output and house price inflation. It’s the main CPI figures, both month on month and year on year, that’ll be closely watched by analysts

As the latest CPI (inflation) figure is released, will the Bank of England prove right in keeping the base interest rate at 0.5%? Read More »

Will the late Friday bounce back in equity markets continue early this week and what impact will the selloff have on USD?

The worst week in approximately two years for USA equity markets closed on a high last Friday as the indices finished in positive territory; DJIA up 1.39%, SPX up 1.49% and NASDAQ up 1.44%. The indices have now moved out of the correction area (called as down 10% from the recent peak), but are still

Will the late Friday bounce back in equity markets continue early this week and what impact will the selloff have on USD? Read More »

WEEKLY MARKET SNAPSHOT 12/2 – 16/2| Various GDPs and CPIs reporting will be in focus in the next weeks’ economic calendar

The latest Japanese QoQ (Q4) GDP figure is published on Tuesday and the prediction is for a significant fall to be revealed, from 2.5% to 0.9%. If this forecast is met then investors may conclude that the celebrations regarding the apparent success of Abenomics, were premature. Yen may come under pressure if investors then quickly

WEEKLY MARKET SNAPSHOT 12/2 – 16/2| Various GDPs and CPIs reporting will be in focus in the next weeks’ economic calendar Read More »

U.S. equities resume the severe sell off that was witnessed earlier in the week, sterling gives up Bank Of England statement gains

The DJIA shed close on 1000 points at the close of the New York session, whilst the SPX lost up to 4% during its intraday session lows, the SPX has now experienced five of its worst days (in series) since 2015. Once again the excuse for the selloff centered on the potential for moderate interest

U.S. equities resume the severe sell off that was witnessed earlier in the week, sterling gives up Bank Of England statement gains Read More »

Gold slumps, SPX closes down, European markets claw back some losses, U.S. dollar rises versus majority of peers

After Monday’s global market selloff, followed by Tuesday’s recovery in USA markets, USA equities whipsawed throughout Wednesday’s New York session, whilst European and other global indices rose sharply to restore a form of equilibrium, across a broad range of indices. The DJIA fell by 0.09% to maintain a slight market gain for the year, now

Gold slumps, SPX closes down, European markets claw back some losses, U.S. dollar rises versus majority of peers Read More »

USA equities recover in late trading surge, European markets slump, FX major pairs trade in a narrow range, gold’s safe haven status disappears

U.S. equities oscillated between significant losses and equally solid gains during Tuesday’s session. The DJIA fell by circa 500 points shortly after the New York open, rose quickly by circa 350 points, then slumped to a post loss on the day, threatening to close the day out near flat 2.33% on the day. The wider

USA equities recover in late trading surge, European markets slump, FX major pairs trade in a narrow range, gold’s safe haven status disappears Read More »

As the Bank of England’s MPC meet to discuss and announce the U.K. base interest rate, analysts begin to question “when will the inevitable rise happen?”

On Thursday February 8th, at 12:00pm GMT (U.K. time) the central bank of the U.K. the Bank of England, will reveal their decision regarding interest rates. Currently the base rate is at 0.5%, and there is little expectation for a rise. The BoE also discuss and then reveal their decision regarding the U.K.’s current asset

As the Bank of England’s MPC meet to discuss and announce the U.K. base interest rate, analysts begin to question “when will the inevitable rise happen?” Read More »