Forex Market Analysis & Articles
Gold price, affected by the weakening of the US dollar
Gold prices are under pressure from a weaker US dollar, and China's economic recovery, but uncertainty about the Federal Reserve's monetary policy is limiting growth.
US and Canadian dollars, interest rates, and inflation
Yesterday, the US Consumer Price Index was released for the month of March. Consumer price, Core CPI index monthly changes and net consumer price index annual benchmark all had a uniform decrease.
China’s very strong loan growth in March signals more investment
China's loan growth was stronger than the market expected. This should move the market tomorrow when China's stock market opens. CNY and CNH should strengthen
Weekly gold Analysis
In the past week, gold was fixed above 2000 dollars. This consolidation was done right above the $2000 and $2002 area. Important and psychological area. The momentum is still bullish and can rise again to its historical high. We mean the area of 2060. But this...
What we expect from China’s first-quarter GDP report
With the Services PMI beating estimates, we're expecting strong retail activity data for March. But weaker export demand should drag on GDP. The government could provide stimulus to the economy after the release of the first quarter GDP data on 18 April
Where will the Fed rate hike end?
Powell has repeatedly cited the strong labor market as one of the reasons for allowing interest rate hikes at FOMC meetings. But how far does this strong labor market stretch?
U.S. ISM PMI on March
The manufacturing sector indices of the US purchasing managers were released in the final assessment of March The expected number was 49.3, while the actual number was 49.2 that this print is weaker than expected and pressured on USD and strength bond yields.
Weekly gold Analysis
Last week, we mentioned the buy sentiments of gold as a safe-haven asset. Now that the market has priced banking crises what are the gold movement drivers? Recession, yes fear of stagnation is remain. Fear of recession in the global economy remains and now th...
Positive signs for the UK economy
The UK economy grew in the last quarter of 2022 and avoided recession. England's Office for National Statistics reported that gross domestic product, the value of all goods and services produced in England, increased by 0.6% in the fourth quarter of 2022, afte...
France: Inflation falls, but not by much, and consumption drops
Inflation decreased in France in March, thanks to base effects on energy prices. Nevertheless, underlying inflationary pressures remain very high and food inflation will continue to rise. GDP growth will therefore likely remain weak, as confirmed by the fallin...
US growth was not strong in the fourth quarter!
The latest report from the US Department of Labor shows that the number of jobless claims increased relatively last week. It rose 6,000 to 266,000 on a seasonally adjusted basis for the week ending March 26.
Eurozone inflation is expected to decrease
Inflation is expected to fall sharply in March due to lower energy prices, according to preliminary estimate data from Germany's six economic states on Wednesday.