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Weekly Market Recap: China’s GDP Disappoints While Global Inflation Accelerate

A busy data-driven week with big data releases and another CPI round in the United Kingdom, New Zealand and Canada. China seems to face many economic challenges this year as the energy crunch and debt bubble fuel concerns about the economy. The...

Weekly Market Outlook: Inflation Data and Chinese Growth in Focus

This week is packed with key data releases and another CPI round in the United Kingdom, New Zealand and Canada. The annual GDP data for China is also a major release as power shortages, supply bottlenecks in addition to the resurgence of COVID-19...

Forex Markets News

Weekly Market Recap: Fed to Start Tapering Pandemic Support

FOMC minutes revealed that the Fed is about to start gradual tapering, possibly in mid-November. Meanwhile, CPI numbers showed that inflationary pressures remain at multi-year highs, raising concerns that inflation may...

Weekly Market Outlook: Big Week for the Greenback and Euro

After a full round of central banks meetings, investors will be watching a new pack of fresh economic releases. ISM Manufacturing PMI and PCE inflation will be on top of the US economic calendar. Fed Chair Powell will...

Weekly Recap: Fed and BoE on Track to Policy Tightening

As economies start to overcome the pandemic downturn, major banks are now heading towards policy normalization. The Federal Reserve is in the lead, by signaling possible asset purchases tapering in the next few months...

Weekly Outlook: The Greenback turns to the NFP

Another quiet summer trading week with no scheduled policy meetings for central banks. The US economic calendar, however, is loaded with big data and market movers. Highlights for this week include:  US Employment...

Weekly Market Outlook: All eyes on Jackson Hole

A calm trading week is ahead as no central bank meeting is scheduled and a few economic data releases. The Eurozone PMIs will take the lead before the market turns its focus on Jackson Hole Symposium searching for any...

Weekly Outlook: US Inflation and UK GDP in the Spotlight

A relatively quiet week with no meetings for central banks. However, some big data are scheduled to be released this week with the US CPI inflation data on top. In the UK, the major data release will be the preliminary...

Weekly Recap: US Data Mixed, BoE and RBA on hold

USD swings on mixed data  The ISM Manufacturing PMI for July was worse than expected at 58.5 vs 60.6 in June and 60.8 expected. ADP non-farm employment change came far below market expectation. The US private...