074 – Inflation is sticky with expectations increasing
Last week's FOMC minutes indicate a small recession near year end. Headline CPI declined but core inched up slightly. University of Michigan Inflation Expectations came in higher than previous. China's GDP beat forecast and UK inflation expected to decrease into single digits. Other regions reporting CPI include Canada, EU, and Japan. Friday sees flash PMIs reported. Banks kicked off Q1 earnings last week with Netflix and Tesla to release this week.
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 Financial Editorial Writer
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.