Week Ahead: FOMC and Jobs Data in Sight
- Fundamental Analysis, Recent Posts, Trending Now
- April 27, 2024
OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MORECharts: Trading View (Italics: Previous Analysis) EUR/USD: Against a basket of six international currencies, the US Dollar Index (USDX) extended its retracement slide Wednesday (down approximately 1 percent WTD). Unsurprisingly, EUR/USD capitalised on USD softness, adding 0.7 percent at the close of European trading. The technical story is interesting. Trend on the bigger picture (weekly
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MORECharts: Trading View (Italics: Previous Analysis) EUR/USD: Equities were bid on Tuesday, with major benchmark indexes closing higher across the board. Optimism stemmed from positive talks between the Ukraine and Russia, which also led the US dollar southbound (USDX) as well as oil markets exploring lower levels. In terms of currencies, Europe’s shared currency outperformed
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MOREECB MEETINGS OF 2020 SHOULD REALLY BE CALLED ECB ‘STRATEGY REVIEWS’.
Newly minted Chair Christine Lagarde clearly wanted to give herself ‘room’ having ordered a review to consider all aspects of its mandates, targets specifically inflation, performance, operational tools, communication and policy setting, plus others. It clearly leaves the ECB in a holding pattern, but that holding pattern means its highly unconventional policies setting won’t change until the Strategy Review is complete.
OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MORECharts: Trading View (Italics: Previous Analysis) EUR/USD: Europe’s single currency wrapped up Thursday in a neutral stance, echoing movement seen on Tuesday and Wednesday. Upbeat flash manufacturing and services PMIs out of Europe delivered bullish impetus in early London hours, though proved short-lived. Technical expectations for EUR/USD, therefore, remain mostly unchanged heading into Friday. Employing
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MORE