简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:A look at the day ahead in markets from Alun John
Fed policymakers surged out of the traps last night, telling markets not to get too excited by the cooler-than-expected inflation reading, but to little avail.
The Nasdaq closed up 20% from its June low, the dollar tumbled after the data, and even bitcoin – remember that? – is back above $24,000 and testing a two-month high.
The Fed is “far, far away from declaring victory” on inflation, said Minneapolis Federal Reserve Bank President Neel Kashkari, despite noting the “welcome” news in the CPI report.
Inflation was flat in July, month on month, after advancing 1.3% in June, though was still up 8.5% compared to a year ago.
Chicago Fed President Charles Evans joined in the chorus, saying inflation was still “unacceptably” high.
Nonetheless, Asian shares kept the rally going – MSCIs broadest index of Asia Pacific shares outside Japan was up 1.3% to a six week high – and European futures are also pointing to a higher open,
Whether Europe will end up in the same goldilocks scenario as across the Pacific remains to be seen. British GDP data on Friday seems unlikely to offer as positive a lead into next week‘s inflation data, as last week’s U.S. jobs data did for the U.S. numbers.
Major European earnings on Thursdays agenda come with a German accent, with Zurich Insurance, Deutsche Telekom, Siemens all due, followed by U.S listed Chinese tech giant Baidu later in the day.
U.S. Inflation: A conflicting view?: https://tmsnrt.rs/3A6usjh
Key developments that could influence markets on Thursday:
Europe earnings: Zurich Insurance, Deutsche Telekom, Siemens, Thyssenkrupp,
US earnings: Baidu.com, Cardinal Health
US Jul PPI
US 30-year bond auction
Mexico central bank monetary policy statement
Peru, Serbia, central bank meetings
Defence ministers Ukraine, UK and Denmark host Ukraine donors conference, Copenhagen
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The US election sparks forex trading opportunities. Trump's economic policies may increase volatility, offering potential gains for traders.
In the wake of the devastating floods that hit Ternate, XM, a leading online broker has stepped up to provide vital assistance to the affected communities. The company's humanitarian effort is a testament to its commitment to social responsibility and support for those in need.
South Africa’s Financial Sector Conduct Authority (FSCA) has suspended the license of the online trading platform, Banxso.
The Financial Industry Regulatory Authority (FINRA) has imposed significant fines on Investment Network, Inc. (INI) and its CEO, Gary L. Arnold, for a series of regulatory violations connected to the sale of pre-initial public offering (pre-IPO) funds between October 2020 and May 2021.