BRITISH POUND FORECAST: NEUTRAL

There’ll be some heavyweight economic data released this week, from official employment and earnings numbers for November on Tuesday, through to the all-important inflation numbers on Wednesday. December’s Consumer Price Index is forecast to have relaxed

FED RATE HIKE EXPECTATIONS SENSITIVE TO JOBS DATA

While the employment report alone may not suffice to trigger an immediate response from the Federal Reserve, it has left an indelible mark on market expectations. The initial strengthening of the US dollar, driven by reduced expectations of a rate cut, wa

METALS WOBBLE AFTER STRONG CPI REPORT

The publication of US inflation was surprisingly strong: the US CPI index had advanced to 3.4% – the highest value within three months. The biggest price hike was associated with services, and energy prices have displayed an uptick for the first time sinc

USA INFLATION TRENDS OF 2023 A GRADUAL DECLINE EXPECTED IN 2024

While December saw a modest uptick in headline inflation, the overall downward trend persisted. The 0.3% increase in CPI, slightly above the expected 0.2%, extended to prices excluding food and energy. Notably, lower gasoline prices’ relief in October and

NEW YEAR INSIGHTS – EURO’S STRENGTH AND CENTRAL BANK DYNAMICS

As 2024 begins, the financial world watches as the euro shows remarkable strength against major currencies, while the yen faces headwinds. The European Central Bank’s careful interest rate strategy adds to this dynamic scenario, setting the stage for a ca

2024 FINANCIAL MARKET FORECASTS BY OCTA: NAVIGATING A COMPLEX YEAR

The year 2024 presents a unique mix of challenges and opportunities in the global financial markets, with the U.S. election year amplifying geopolitical tensions and economic uncertainties. Octa’s financial experts have analyzed crucial factors to offer i

NAVIGATING DYNAMICS AND CHALLENGES IN 2024

The air was charged with anticipation as we collectively awaited the imminent release of pivotal US inflation data scheduled for tomorrow. Positioned as the week’s highlight, this data cast a looming shadow on market dynamics, potentially influencing risk

EURUSD FACES CHALLENGES AMIDST GERMAN INFLATION STRUGGLES

The Euro, celebrating its 25th year since inception, has encountered a notable shift as 2024 unfolds. Serving around 350 million people daily, its significance in the global market is akin to the US Dollar.

TRADERS REVISE THEIR ANTICIPATIONS REGARDING FEDERAL RESERVE ACTIONS

Between the commencement of November and the culmination of December 2023, the price of dollar index futures exhibited a decline of approximately 5.5%, as reported by the CME exchange.

NAVIGATING UK DISINFLATION, CONSUMER BEHAVIOR, & POLICY COMPLEXITIES IN 2024

In the realm of recent UK economic data, a discernible disinflationary trend appears set to endure. The BRC shop price data reveals a noteworthy drop in food inflation, plummeting from 7.6% to 6.6%. This eighth consecutive decline, reaching the lowest poi

THE SPOTLIGHT FOR 2024 IS FIRMLY ON INTEREST RATE POLICY, SPARKING DEBATES ABOUT WHO HOLDS THE CORRECT APPROACH

Such studies could induce caution among investors, wary of potential unintended consequences when central banks employ quantitative easing to curb inflation. However, contrasting views express optimism that central banks might opt for interest rate reduct

WEEKLY DATA: FOCUS ON THE NFP

The new year started with a bang in crypto markets as bitcoin reached a new 20-month high above $45,000 as traders’ focus remains on applications for ETFs. Other major CFD markets have been quieter so far in 2024 as participants await important news from

BRENT CRUDE OIL: GEOPOLITICAL TENSIONS AND MARKET DYNAMICS

Throughout history, conflicts involving Israel and its neighbouring nations have wielded substantial influence on global oil prices. This phenomenon primarily stems from the fact that several Middle Eastern countries, which are members of the Arab League

FTSE 100: HEADING TOWARDS 8,000 POINTS?

The exhilaration accompanying this milestone in mid-February 2023 mirrored the excitement of 2021 when the index surpassed the 7,000 mark. However, the venture above 8,000 was short-lived, and throughout the last three quarters of the year, the FTSE 100 m

NASDAQ’S DECEMBER SURGE: A GLIMPSE INTO 2024’S POTENTIAL MARKET DYNAMICS

As the New York trading session resumes after a festive hiatus, the financial markets are abuzz with anticipation and cautious optimism. The NASDAQ, known for its dynamic performance, takes centre stage in the final trading days of 2023, setting the tone