Daily Forecast
The Forecast
2023.07.04
The number of initial jobless claims in the US slightly increased to 353,000 from 349,000 last week. But these figures are still at pre-crisis levels, indicating a stable labor market situation.
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The Forecast
2023.07.04
The annual meeting of the Federal Reserve will begin today in Jackson Hole. Analysts believe that the Fed may postpone cutting the QE program because of the global rise of Delta cases.
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The Forecast
2023.07.04
The dollar index is trading near a one-week low. After US regulators fully approved the COVID-19 vaccine, fears that a contagious version of Delta could disrupt the economic recovery are easing.
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The Forecast
2023.07.04
New Zealand's currency jumped after the central bank hinted at a potential interest rate hike by September next year. At the moment, three central banks are ready to tighten monetary policy: Canada, N...
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The Forecast
2023.07.04
The increase in COVID-19 cases prompted the Federal Reserve to move its annual symposium in Jackson Hole to an online format, which had a negative impact on the dollar index.
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The Forecast
2023.07.04
Economic activity in the US manufacturing and service sectors decreased in August. The decline was worse than economists had expected.
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The Forecast
2023.07.04
US jobless claims fell to a pandemic low of 348,000 (previous - 377,000), indicating a recovery in the labor market. On the one hand, this is very good for the economy and the dollar index.
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The Forecast
2023.07.04
The FOMC minutes of the July meeting suggest that the reduction of the QE program is already possible this year.
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The Forecast
2023.07.04
US retail sales decreased by 1.1% in July, while the core retail sales index decreased by 0.4%. Both indicators did not meet the expectations of economists, but despite that the dollar index increased...
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