It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
Take a chance to trade the USD
The level of US PPI will be released on January 15, at 15:30 MT time.
This is a leading indicator, which determines consumer inflation. Last time the actual level of the indicator was higher than the forecast. It advanced by 0.1%. As a result, the USD rose higher. Let's see if this time it happens again.
• If PPI is higher than expected, the USD will rise;
• If PPI is lower, than expected, the USD will fall.
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
ECB is ready to take the decision about the key rate. What to expect from officials? Oil prices are high, and economy indicators demonstrate the slowing down in the strongest European economies.
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.
In today's market insights, we delve into Citibank's oil price predictions, the evolving competition between Huawei and Apple, the Saudi Arabia-Tesla partnership, and the upcoming rate decisions from the world's major central banks.