What Can Rule the Roost in January 2023?
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…
Friday News: What’s News on Market
Russia’s invasion to Ukraine not only provoked a global upcoming crisis, but also led to world’s leaders unusual ideas and solutions.
The yen could weaken further to its 1990 low, according to Societe Generale SA strategist Albert Edwards. Now USDJPY is approximately $121.780.
The S&P 500, Dow Jones and Nasdaq closed Thursday's regular session up more than 1%. Contracts for the S&P 500 held on to a flat line. Despite some losses earlier this week, the S&P 500 and Nasdaq are up for the second week in a row if levels hold until Friday's close.
Federal Reserve has stepped up talk of tightening monetary policy. Now Chicago Fed President Charles Evans and San Francisco Fed President Mary Daly are considering raising interest rates by 50 basis points at the upcoming Fed meeting due to the highest inflation level in 40 years.
Oil prices have stabilized after EU leaders refrained from new steps to reduce imports of Russian oil. XBR is $115.80 now.
Gold price rose to $1962.4 yesterday, approaching more than a weekly high in the previous session and gaining almost 2% in the week to date. Now it is about $1958.50 per ounce.
Russia is considering selling its oil and gas for crypto due to increased sanctions from the West. Thanks to that, Bitcoin has gained 4% since yesterday, it’s approximately $44071.
Similar
USD Holds the Line
The US dollar index keeps rounding above the 103.60 historical support level. The buyers have already defended this level for three weeks, highlighting their interest in the greenback. Thus, buying USD looks less risky right now.
Apple is Under Pressure
Happy Monday, dear traders! Hope you had a great weekend and you’re ready for the last trading week in 2022! Later this week we’ll announce some exciting news for you, but now let’s look through some interesting news! Today’s events: USA, UK, Hong…
Latest news
Market Crash Incoming?
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
What Currency Will Overperform?
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
Investor Positivity May Fade After Powell's Speech and CPI Release
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
