US Open – 01 December 2022 (Video)
Watch today’s US Open for commentary on the prospects of a less aggressive Fed, following Mr Powell’s speech and the softer PCE Inflation figures, as well as the impact on Wall Street and the greenback
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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Watch today’s US Open for commentary on the prospects of a less aggressive Fed, following Mr Powell’s speech and the softer PCE Inflation figures, as well as the impact on Wall Street and the greenback
November was the pair’s worst month since 1984 due to expectations for a moderation in the rate hike pace by the Fed, which were reinforced by Chair Powell’s speech on Wednesday
Wall Street rallied on Wednesday, after Mr Powell’s remarks cemented market expectations for a smaller hike by the Fed, but steadies today ahead of the PCE Inflation update
The German index pauses its eight-week profitable streak, showing little reaction to the softer preliminary inflation figures from Eurozone and Germany
The pair finds support today after the rejection of key levels at the start of the week, as markets brace for Mr Powell’s speech and important economic data from the US
The pair heads towards its best month of the year, but faces difficulties this week, as markets contemplate China’s Covid-19 situation and poor PMIs, ahead of key US economic data
Watch today’s US Open for commentary on the latest markets themes and the technical outlook of EUR/USD, SPX500 and other assets
The pair concluded yesterday’s volatile session in the red, despite setting five-month highs, but finds support today
The US index slumped yesterday, due to broader risk-off mood and hawkish Fed commentary, but finds support today as sentiment improves
BTC/USD finds support today, despite the collapse of another crypto lender and hawkish remarks by Fed officials
Market sentiment is downbeat at the start of the week, mostly due to renewed China pandemic woes, sending the pair lower
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