Forex Market Report - 22nd July 2024
Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets
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56日前
1. US Federal Reserve Meeting
- The Federal Reserve's upcoming meeting is highly anticipated, with potential rate decisions expected to impact the USD.
- Analysts predict the Fed might maintain current interest rates, but any unexpected changes could cause volatility.
- Focus on the Fed’s economic outlook and commentary for insights into future monetary policy.
2. European Central Bank (ECB) Policy Update
- The ECB is set to release its latest monetary policy decisions, with markets watching for any signals of rate hikes or stimulus adjustments.
- Eurozone inflation data will be crucial in shaping ECB’s policy direction.
- A dovish stance may weaken the EUR, while a hawkish tone could strengthen it.
3. US GDP Growth Figures
- The release of the latest US GDP growth figures will be a key indicator of economic health.
- Strong GDP growth could support a bullish outlook for the USD.
- Weak growth figures might increase concerns over a potential economic slowdown, affecting market sentiment.
4. China’s Economic Data
- China is set to release important economic indicators, including industrial production and retail sales figures.
- Positive data could boost risk sentiment and support currencies of China’s trade partners, like the AUD and NZD.
- Negative data may increase concerns about global economic growth, impacting commodities and risk-sensitive currencies.
5. Geopolitical Developments
- Ongoing geopolitical tensions, particularly in Eastern Europe and the Middle East, are influencing market stability.
- Traders are closely monitoring developments for any escalation that could affect oil prices and safe-haven currencies like the JPY and CHF.
- Diplomatic resolutions could lead to improved risk sentiment and impact various asset classes.
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Weak Chinese data paves the way for lower yuan
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4時23分前
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PU Prime
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11時48分前
Daily Global Market Update
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Moneta Markets
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12時37分前
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ACY Securities
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15時10分前
Dollar Declines, Euro Gains, and China Prepares for Monetary Easing
Global financial markets showed encouraging signs of recovery as risk assets experienced a resurgence, gold prices reached unprecedented highs, and the Dollar faced a notable decline. This positive shift in market sentiment came as investors appeared to move past lingering recession fears, opting instead to focus on more favourable economic signals. In Europe, the European Central Bank (ECB) took
ACY Securities
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15時12分前