FXCM Market Talk – Your Trading & Finance Podcast (Ep 62)

062 – Inflation continues to moderate as we head towards next Fed meeting

In this week's podcast FXCM senior market specialists, Nik and Russ, talk about:
- CPI came as expected. Headline was at 6.5% (6.5%). Core was 5.7% also around expectations, lowest reading in over a year.
- Following release, CME Fed watch tool had over 90% chance of 25bps.
- Markets are loose, worth watching.
- Brainard, Waller and other speaking this week.
- Will they talk hawkishly or not?
- Harker from Philly maintained 25bps.
- World Bank 2023 GDP growth slashed.
- Banks earnings  markets reacted positively but some questions.
- Dealmaking is down.
- Credit costs are up
- Bank of Japan – will they abandon yield curve control?
- 50bps has already been breached.
- CPI: CAD, UK, Eurozone.
- Wed PPI: in relation to CPI
- Retail sales: US, CAD, UK
- NFLX: Thur (first of FAANGS)

Trade the News: View our Economic Calendar

Russell Shor

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.

Nikos Tzabouras

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.

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