Nasdaq weakness ahead?Â
Over the last 25 years the two strongest months have been in July and October. However, the weakest months come in February, August, and September.Â
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Will the GBPUSD fall out of the BoE meeting?
Next week the Bank of England meet and expectations in short term interest rate markets are that they will hike rates again. However, there is uncertainty about whether that will be a 25 or 50bps rate hike. The current expectation is around a 60/40 split in favour of just a 25 bps hike.
Have you seen the ‘turn of the month dynamics’ for August?
From a seasonal perspective stocks tend to do well over the turn of the month from around the 26th to the 5th. The most likely reasons for this is due to fund inflows and index payments that occur around the turn of the month.
Will the ECB send the EURUSD lower?
The stage is set for an ECB rate hike of 25bps on Thursday at 1315UK time, with both short term interest rate markets and econ-omists anticipating it. Christine Lagarde's clear signals have solidi-fied expectations for a July rate hike. Yet, the lingering uncertainty remains: What will the ECB reveal about its plans for September?
Is the Fed set to send gold higher?
Short term interest rate markets are pricing in nearly a 100% chance of a Fed hike on Wednesday this week when the Fed meet. Interest rates are expected to rise to 5.375% from 5.125%.
AUS inflation data could push the AUDUSD lower
Inflation data is a major focus for the Reserve Bank of Australia and a headline that prints below 5.8% and a trimmed mean below 5.9% will surprise markets and reassure the RBA that inflation is moving lower and would give the RBA confidence to remain on hold for rates.
JPY pairs in focus ahead of Japanese inflation data
The JPY is once again in focus this week as Japanese inflation data is released early Friday am. So, with Governor Ueda disappointing JPY bulls this week by saying that the BoJ were still some away from sustainably achieving the…
Summer sweet spot for silver?
Last week silver prices gained over 8% on the lower than expected US CPI print. Investors rapidly sold the USD last week as lower inflation increased chances of the Fed holding rates for September’s meeting. This also meant that yields…
UK Inflation Data Release: Eyes on the GBP as Fight Against Inflation Intensifies
Mark your calendars for Wednesday, July 19! At 07:00 UK time, the much-awaited UK inflation data will be revealed. Anticipations suggest that the headline figure will drop to 8.2% y/y from the previous 8.7%. However, the core reading is expected…
NZDUSD’s interesting seasonals
The RBNZ met last night and announced that they would be continuing holding rates at 5.50% for the foreseeable future. Although broadly happy with domestic labour and inflation readings they still note the potential for inflation to surprise them, particularly…