Jovana Pribic

WEEKLY MARKET SNAPSHOT 23/10-27/10|The ECB rate decision, its potential bond purchase reduction and the latest USA GDP figure, will be in sharp focus over the coming week

Is The Trend Still Your Friend

The coming week is an extremely busy week for high impact data releases, Australia’s CPI, currently at 1.9%, will come under scrutiny, as rumours persist that an interest rate adjustment is possible if (and when) the annual CPI rate exceeds the generally accepted central bank target of 2% consistently. There’s a raft of Markit PMIs […]

WEEKLY MARKET SNAPSHOT 23/10-27/10|The ECB rate decision, its potential bond purchase reduction and the latest USA GDP figure, will be in sharp focus over the coming week Read More »

New Zealand dollar slumps as Labour Party form coalition government, sterling falls versus euro, due to base interest rate rise uncertainty

Morning Roll Call

The key event in the FX markets on Thursday concerned the kiwi, New Zealand’s dollar. The Labour Party in New Zealand will now be in power with a coalition of partners and as a consequence the NZD slumped, losing over 1% versus many of its peers. Equities in the country also fell. As to whether

New Zealand dollar slumps as Labour Party form coalition government, sterling falls versus euro, due to base interest rate rise uncertainty Read More »

DJIA index reaches new record and rises the most in five weeks, sterling falls to six day low on poor wage data

Morning Roll Call

The three leading USA indices; NASDAQ, SPX and DJIA, all closed at or near to record highs, with some also reaching intraday record highs on Wednesday. The across the board rise wasn’t bolstered by economic calendar data, as the latest house building figures came in way below forecast. Building permits fell by -4.5% MoM in

DJIA index reaches new record and rises the most in five weeks, sterling falls to six day low on poor wage data Read More »

Sterling slips, despite U.K. CPI (inflation) rising, as the Brexit bluster appears to have run out of road, DJIA reaches record 23,000, as U.S. dollar rises versus its main peers

Morning Roll Call

Sterling fell on Tuesday, shortly after the U.K.’s latest CPI figure (and other inflation data) was released, coming in as the economists’ polled forecast; at 3% YoY. The fall in sterling versus its main peers, was due to the BoE governor Mark Carney, when giving evidence in front of U.K. lawmakers, declaring that he was

Sterling slips, despite U.K. CPI (inflation) rising, as the Brexit bluster appears to have run out of road, DJIA reaches record 23,000, as U.S. dollar rises versus its main peers Read More »

Sterling slips, as Brexit negotiations reach a critical stage, Janet Yellen’s belief that inflation will pick up, causes U.S. dollar and equities to rise

Morning Roll Call

Sterling came under pressure on Monday, as Brexit concerns appear to have reached a critical juncture. Many market commentators and those close to the negotiations, are now openly quoting that the relationship between the E.U. and the leading members of the U.K., has completely broken down. Theresa May flew to meet European Commission chief Jean-Claude

Sterling slips, as Brexit negotiations reach a critical stage, Janet Yellen’s belief that inflation will pick up, causes U.S. dollar and equities to rise Read More »

Pressure will be on for the BoE to raise interest rates, if the U.K. CPI comes in at 3%, expect sterling to react if the forecast is met

Mind The Gap

On Tuesday morning, at 8:30am GMT, the U.K. official statistics agency (the ONS) will reveal the latest CPI figure in a series of inflation data, which will also include the RPI and producer price input inflation. The forecast is for CPI (consumer price inflation) to rise to a five year high of 3% annualized, with

Pressure will be on for the BoE to raise interest rates, if the U.K. CPI comes in at 3%, expect sterling to react if the forecast is met Read More »

New Zealand’s CPI is the key, high impact, economic news event listed for Monday, however, political issues in the USA, U.K., and Europe should be closely monitored

Morning Roll Call

The key USA inflation metric (CPI) missed the forecast of 2.3% annual growth for September, coming in at 2.2% when revealed on Friday 13th, which was ahead of the reading of 1.9% recorded for August. Equity markets in the USA rose to new record highs, gold breached back above the $1300 per ounce handle, bitcoin

New Zealand’s CPI is the key, high impact, economic news event listed for Monday, however, political issues in the USA, U.K., and Europe should be closely monitored Read More »

WEEKLY MARKET SNAPSHOT 16/10-20/10|U.K. economic data will be closely analyzed, to gauge if the BoE has the ammunition to raise the base interest rate above 0.25% in November

Is The Trend Still Your Friend

There’s plenty of fascinating fundamental data to analyze this week, CPI (inflation) figures are published for many countries, china’s latest GDP growth is revealed, whilst arguably the U.K. will take center stage for a variety of reasons. There’s a raft of economic calendar data to be delivered by the various authoritative bodies in the U.K.,

WEEKLY MARKET SNAPSHOT 16/10-20/10|U.K. economic data will be closely analyzed, to gauge if the BoE has the ammunition to raise the base interest rate above 0.25% in November Read More »

Sterling whipsaws violently, as Brexit issues begin to come into sharp focus. Many global equity markets reach record highs

Morning Roll Call

FX traders needed to remain hyper vigilant during Thursday’s trading sessions, as sterling currency pairs slumped and then rallied, as the political turmoil involving Brexit took center stage in Europe. The two leading negotiators; Davis and Barnier, appeared to be at odds once again, with Barnier, representing the remaining 27 E.U. members, voicing his profound

Sterling whipsaws violently, as Brexit issues begin to come into sharp focus. Many global equity markets reach record highs Read More »

Will the latest consumer price inflation figure from the USA, give the green light to the FOMC to raise interest rates at their December meeting?

Mind The Gap

From various USA sources on Friday, we receive the latest: CPI data, advanced retail sales and the university of Michigan confidence survey. A trinity of highly valuable, yet distinctly different metrics that will shine a light into the various crevices of: growth, confidence and the performance, of various aspects of the USA economy. And with

Will the latest consumer price inflation figure from the USA, give the green light to the FOMC to raise interest rates at their December meeting? Read More »