FXCM Market Talk – Your Trading & Finance Podcast (Ep. 63)
063 - Poor retail sales and industrial production but Fed pushes back
-Poor retail data and industrial production (PPI)
-Fed speakers: Brainard, Harker, Waller: rate hikes but Harker, Waller (amongst others) for 25 bps going forward. Blackout period for the Fed.
-BoJ: Surprise to markets but not to economists. Kept 50bps defence level on JGBs. Door for normalisation is open. Upgraded CPI forecast for the year.
-Chinese markets are closed for the Lunar New Year celebration.
-Oil moving on the back of China optimism.
-Hawkish commentary by the ECB.
-BoC to hike by 25bps?
-US: PCE on Friday, Q4 GDP on Thurs.
-Inflation for AU, NZ - both on Wed.
-Earnings: MSFT, TSLA.
-NFLX came in last week: beat subscriber forecast by 66%.
Senior Market Specialist
Russell Shor joined FXCM in October 2017 as a Senior Market Specialist. He is a certified FMVA® and has an Honours Degree in Economics from the University of South Africa. Russell is a full member of the Society of Technical Analysts in the United Kingdom. With over 20 years of financial markets experience, his analysis is of a high standard and quality.
Senior Market Specialist
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. He has a long time presence at FXCM, as he joined the company in 2011. He has served from multiple positions, but specializes in financial market analysis and commentary.
With his educational background in international relations, he emphasizes not only on Technical Analysis but also in Fundamental Analysis and Geopolitics – which have been having increasing impact on financial markets. He has longtime experience in market analysis and as a host of educational trading courses via online and in-person sessions and conferences.
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