075 – UK and EUR CPI Stoke Inflation Worries
UK headline CPI came in above 10%; forecasts were for a single digit print. EUR CPI also suggest sticky elements to inflation. ECB and Fed official's commentary were hawkish in nature. The job market is still tight but initial unemployment claims have started to tick up. Markets will be looking at US GDP and core PCE for direction. This week includes Government Ueda's first BoJ meeting and it is a big week for tech results with Meta, Alphabet, Amazon, and Microsoft reporting.
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.