GER30 Subdued, Awaiting a Slew of Economic Releases
After a profitable week, the German index starts the current one with caution amidst lack of catalysts, but a series of economic data is due over the following days
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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After a profitable week, the German index starts the current one with caution amidst lack of catalysts, but a series of economic data is due over the following days
The pair is having a bad month and posted another losing week, but managed to avoid new year lows on Friday and now trades with caution ahead of Wednesday’s policy decision by the central bank of New Zealand
This week’s economic releases and hawkish remarks by central bank officials, solidify recent market repricing around the Fed’s terminal rate, sending XAU/USD lower
The pair heads towards its best week of the year after this week’s hotter than expected consumer and factory gate inflation from the US, as well as continued hawkish comments by Fed officials
Watch today’s US Open for commentary on the latest data from the US that put pressure on Wall Street, the lower than expected UK inflation and its impact on GBP/USD, the recent earnings releases and more
The pair comes from two straight negative weeks, but tries to stop its losing streak, as it bounces off of critical tech levels
US crude oil inventories rose last week according to the latest data, but prices are supported by strong demand outlook for the year, due to China’s reopening
Australian Unemployment rose to the highest in eight months and the pair’s kneejerk reaction was lower, but quickly covered the losses
The precious metal is having a bad month and tests critical tech levels after Tuesday’s higher than expected inflation figures and renewed hawkish commentary by the Fed
The tech-heavy index faces headwinds after yesterday’s US CPI inflation report and hawkish Fed remarks that support the recent more aggressive market expectations around the terminal rate
Watch today’s US Open for commentary on the just released US CPI inflation data and the reaction of EUR/USD and NAS100, insights on Disney’s recent quarterly results and more
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