Author's articles
Turkey's Inflation Struggle: Insights from Santa Zvaigzne-Sproge on Monetary Policy and Challenges Ahead
Analyzing the Euro's Forecast Amidst Eurozone Data and Global Factors
Assessing the Latest German Industry Data: Insights on the Recession and Future Outlook
Euro Area PMI Readings Signal Economic Contraction. ECB's Tightening Monetary Policy Impacting Manufacturing and Services Sectors;
Conotoxia's analyst on Fed: A reasonable scenario for the May 3 meeting would be to continue the trend and raise the interest rates by the same amount to 5.00%
USD: Santa Zvaigzne-Sproge summarises Federal Reserve meeting
Fed Chair testimony summary: Powell emphasized that the final decision has not been made and it would largely depend on the jobs data coming out on Friday
In other words, by the time EU CPI is announced on Thursday, EUR/USD exchange rate may already reflect a slight increase in inflation from 8.5% to 8.6%
On Wednesday, we have Walt Disney (DIS) announcing its quarterly earnings after the market closes with also 7 positive earnings out of the last 10 reports
Essential Factors To Watch For 2023 And Stock Indices Are The Short-Term Bond Yields
Cryptocurrencies: Only Trust Wallet Token Has Gained A Positive Return
For Industrial Metals The Future Looks Bright
While market participants are rather certain about the size of the Fed rate hike, there is less consensus about the ECB rate hike
Also if inflation is reported below 10% on Wednesday, the ECB may be hesitant to pivot its current policy of economic tightening
Both natural gas and oil prices are under great uncertainty, mainly dependent on the geopolitical situation in Europe
2023 predictions: Euro - all significant factors that pressured the common currency lower against the US dollar in 2022 don’t seem to disappear upon entering 2023
2023 predictions: The price of major cryptocurrencies such as Bitcoin or Ethereum could maintain a relatively high correlation with the S&P 500 index currently standing at around 0.52
The possible weakening of the US Dollar due to a potential recession and therefore lowered interest rates could support higher gold prices, which may have the potential to appreciate to 1900 USD
2023 predictions: At the moment, we see numerous factors that have a negative impact on S&P 500 and Nasdaq Composite – lowering money supply in the US and increasing interest rate environment to name a few
Amazon, Apple, and Alphabet stocks currently seem largely dependent on the overall macroeconomic sentiment and the Fed’s possible and actual moves
