Early Friday morning the BoJ meet and speculation is rising on whether they will start to signal the end of negative interest rates. A weak yen is creating problems for the domestic markets and raising interest rates would be a quick way to strengthen the Yen.
On Thursday, the Bank of England meet and are still expected to increase interest rates by 25 basis points to tackle surging UK inflation.
Wednesday’s Federal Reserve meeting will also be a meeting where the Fed outline their dot plot on rate projections.
Recent economic data from the UK has fuelled speculation that the Bank of England is starting to consider pausing interest rates hikes in the UK. Furthermore, some recent speeches from MPC members, have added fuel to this speculation. BoE’s Governor…
One of the key features around seasonality is the so-called turn of the month affect. This is when major indices tend to gain around the end of a month and into the first few days of the new month. However…
Heading into the ECB rate meeting on Thursday this week a Reuters poll from last week shows 39 out of 69 economists surveyed are expecting the European Central bank to keep rates unchanged at 3.75%. However 30 at the economists…
Gold prices are in a major focus right now ahead of the US CPI print due to be released on Wednesday at 1:30 UK time. Gold is extremely sensitive to US interest rate expectations and dollar moves. This has meant…
Tesla stock has recently found decent support around the 220 and 230 region. This is in line with the 100 and 200 exponential moving average on the daily chart. However, there is a week seasonal period ahead for Tesla that…
Crude oil moved higher on Tuesday this week after Saudi Arabia and Russia both opted to extend their voluntary production cuts. Saudi extended its 1 million barrels per day cut for three months to include October until year end, which…
The Reserve Bank of Australia have moved into a wait-and-see mode before deciding on whether they need to hike interest rates further. At the latest central bank meeting they kept rates unchanged at 4.10% indicating that the July monthly CPI…
