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Weekly FX Market Recap: Mar. 20 – 24, 2023
Banking sector woes were still the main theme early in the week before the spotlight shifted to the FOMC decision later on, along with other major central banks’ statements.
Efforts to shore up liquidity and restore confidence in the…
Week Ahead March 27-31st: Highlights include US PCE, China PMIs, EZ CPI, Aus CPI
MON: German Ifo Survey (March).Tuesday: NBH Policy Announcement, US Advanced Commodity Trade Balance (Feb), US Richmond Fed (March).married: CNB Policy Announcement, Australian Consumer Price Index (Feb).Thursday: SARB Policy Announcement,…
Events to Look Out For Next Week
Even if central banking chaos is out of the way for now, there is a heavy agenda for central bank rhetoric ahead. So far, the market remains concerned…
Path of Least Resistance is Lower after Fed Ditches Hawkish View
US dollar forecast:U.S. dollar Friday's gains due to risk aversion, but huge losses this weekThe Fed's decision to drop its hawkish guidance will help stabilize sentiment soon, but the timeline is uncertainMarkets started to cut prices…
Elon Musk Agrees on Who Is Responsible for America's Problems
The current banking turmoil has rekindled the ghosts of the 2008 financial crisis, while the great unity around supporting Ukraine at war with Russia is showing cracks.Elon Musk considers himself a global CEO.He gives his opinions on all…
Analysis-Bank disquiet, Fed keep investors on edge in nervy U.S. stock market By Reuters
© Reuters. FILE PHOTO: The Federal Reserve Building in Washington, US, on March 19, 2019. REUTERS/Leah Mellis/File Photo
Written by David Randall NEW YORK (Reuters) - Investors are bracing for a prolonged squeeze in the U.S. stock…