Traders expect a calmer US inflation release on Friday that may allow the Federal Reserve to slow down interest rate hikes…
US dollar: outlook for March 13-17
US labor market data which came out on Friday reinforced market expectations that the Federal Reserve will hike interest rates this week despite slowing economic growth.
Traders expect a calmer US inflation release on Friday that may allow the Federal Reserve to slow down interest rate hikes. Still, high oil prices represent a challenge for central banks, including the Reserve Bank of Australia and the ECB that meet this week.
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The selloff of the stock market continues, bearish rumors for gold, levels for USD ahead of NFP, a preview of the rate statement by the Reserve Bank of Australia, and our trade results of June…
Gold is still moving like a snail; Russia faces default; first signs of upcoming earnings season, and dozen of speeches from bank’s governors and G7 members. We have a lot to look for, and in the next several minutes, you will be filled with trade ideas and market news!
The interest rate hike shakes the market. However, not all are happy with that! The market is officially bearish now and assets, such as cryptos, stocks, and indices are in shock!