Daily Forecast
The Forecast
2023.07.04
Friday's release of personal consumption expenditures (PCE) data, which the Federal Reserve uses as a preliminary indicator of inflation, showed that inflation rose above the 3% mark.
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The Forecast
2023.07.04
In September, the US personal income decreased by 1%, while it was expected to drop by 0.3%, and personal spending increased by 0.6%, as expected. Monetary policy in the US and other countries is in f...
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The Forecast
2023.07.04
The British pound is rising on expectations of an interest rate hike, while the dollar is waiting for the Personal Consumption Expenditures (PCE) report, which is a preliminary indicator of inflation.
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The Forecast
2023.07.04
The US macro statistics on GDP change for the quarter will be released today, which is the key indicator of the economy's health. The analysts expect a small gain in GDP, which may have a temporary po...
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The Forecast
2023.07.04
Initial jobless claims decreased to 340,000 in the US – the lowest level since March 2020. Investors are now focusing on the nonfarm payrolls data.
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The Forecast
2023.07.04
The national employment report from ADP showed that the еmployment in the US' private sector increased by 374,000 in August compared to 326,000 in July, which is much less than the forecast of 613,000...
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The Forecast
2023.07.04
The euro fell to a 20-year low against the dollar due to rising recession fears.
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The Forecast
2023.07.04
US CB Consumer Confidence index reached a six-month low, and the inflation rate in the eurozone increased to a ten-year high.
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The Forecast
2023.07.04
The dollar index has stabilized a bit, but is still trading near its two-week low. There is a high probability that the situation will not change significantly until the next Fed meeting, which will b...
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The Forecast
2023.07.04
Federal Reserve Chairman Jerome Powell’s speech became the main event of the last week following the annual Symposium in Jackson Hole.
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