Category Archives: Weekly Outlook
Economists Anticipate The Fed To Keep Rates Steady In December
Written on December 8, 2023 at 1:37 am, by lishitong
Tuesday, 12 Dec, 15:30 – US CPI (MoM) (Nov) In October, the Consumer Price Index (CPI) remained at 0.0%, below the predicted 0.1%, sustaining stability after a 0.4 percent rise in September. The broader all items index indicated a slowdown, reflecting a trend of price stability across various sectors. Wednesday, 13 Dec, 09:00 – UKContinue Reading
Nonfarm Payrolls Forecasted At 175K Increase
Written on December 4, 2023 at 3:20 am, by lishitong
Tuesday, 5 Dec, 05:30 RBA Interest Rate Decision (Dec) The Organisation for Economic Co-operation and Development (OECD) has predicted that rates in Australia have reached its peak, an outlook supported by the country’s Treasurer Jim Chalmers. The RBA rate is currently at a 12-year high of 4.35%, with just 2% of the market pricing inContinue Reading
Anticipation Of RBNZ Holding High Rates
Written on November 24, 2023 at 2:43 am, by lishitong
The Week Ahead: Week of 27 Nov (GMT+2) Tuesday, 28 Nov, 17:00 – US CB Consumer Confidence (Nov) In October, U.S. consumer confidence dropped for the third consecutive month, sliding from 104.3 to 102.6. This decline, influenced by concerns over inflation and increased borrowing expenses, suggests a lack of market confidence in the U.S. economy.Continue Reading
US Existing Home Sales May Experience Further Declines
Written on November 17, 2023 at 12:34 am, by lishitong
The Week Ahead: Week of 20 Nov (GMT+2) Tuesday, 21 Nov, 17:00 – US Existing Home Sales (Oct) US existing home sales fell to a seasonally adjusted annual rate of 3.96 million. Economists suggest that, as seen throughout the year, constrained inventory and reduced housing affordability are ongoing challenges for home sales. There is aContinue Reading
Continued Worries About Oil Prices and Supply
Written on November 9, 2023 at 11:57 pm, by lishitong
The Week Ahead: Week of 13 Nov (GMT+2) Tuesday, 14 Nov, 15:30 – US CPI (MoM) (Oct) The recent consumer price index, which serves as a significant indicator of inflation, rose by 0.4%. Several Federal Reserve officials have expressed the view that these increases might eliminate the necessity for additional policy tightening. As a result,Continue Reading
RBA Contemplates Rate Hike Amid Surging House Prices
Written on November 3, 2023 at 2:41 am, by lishitong
The Week Ahead: Week of 6 Nov (GMT+3) Tuesday, 7 Nov, 06:30 – AU RBA Interest Rate Decision (Nov) There is a growing likelihood and concerns that the RBA will opt for another interest rate hike in the upcoming decision. This expectation is fueled by the resurgence of house prices, nearing previous all-time highs. TheContinue Reading
Market Anticipates Pause In Rate Hike
Written on October 27, 2023 at 5:31 am, by lishitong
The Week Ahead: Week of 30 October (GMT+3) Wednesday, 1 November, 21:00 – US Fed Interest Rate Decision (Oct) The markets are currently anticipating that the Federal Reserve will maintain its current interest rates next week. This aligns with recent dovish statements made by Fed officials and the generally favourable economic data. Nevertheless, the possibilityContinue Reading
Upcoming Major Country Central Bank Interest Rate Decision
Written on October 20, 2023 at 12:19 am, by lishitong
The Week Ahead: Week of 23 October (GMT+3) Wednesday, 25 October, 17:00 – CA BoC Interest Rate Decision In September, Canada’s annual Consumer Price Index (CPI) showed a decline in inflation from 4% in August to 3.8%. The Bank of Canada’s upcoming rate decision will be crucial, as it previously held the benchmark rate atContinue Reading
US Existing Home Sales Faces Challenges
Written on October 13, 2023 at 1:11 am, by lishitong
The Week Ahead: Week of 16 October (GMT+3) Tuesday, 17 October, 15:30 – US Retail Sales (MoM) (Sep) In August, U.S. retail sales surpassed expectations due to a surge in gasoline prices, which boosted service station receipts. The rising gas prices are impacting the economy and could dampen shoppers’ momentum as holiday shopping season approaches.Continue Reading
A Week For Insights Into The Major Country’s Inflation
Written on October 6, 2023 at 1:24 am, by lishitong
The Week Ahead: Week of 9 October (GMT+3) Wednesday, 11 October, 09:00 – EU German CPI (MoM) (Sep) In August, there was a 0.3% month-on-month increase in German consumer prices. The economy is expected to contract in the third quarter and show only modest growth in the fourth. Wednesday, 11 October, 15:30 – US PPIContinue Reading
