From the hours of 3:15 to 9:45 am Eastern Time on Monday morning, there may be several fundamental catalysts that cause great volatility across the forex market. This prompts us to issue a warning: PMI on Monday. France and Germany, the United Kingdom, and the United States will all be releasing the latest monthly results […]
This morning, at 8:30 am Eastern Time, the Federal Reserve Bank of Philadelphia released an unfortunate batch of news for the US economy. The Philadelphia Fed Business Outlook Survey, otherwise known as the Philly Fed Manufacturing Index, which surveys over 200 Philadelphia manufacturers on a monthly basis, indicated worsening business conditions this month. While a […]
There is a near endless cycle of global economic news worth focusing on. Recent noteworthy stories include the complete abandonment of UK PM Truss’ ill-timed signature tax cuts, as well as the US Dollar Index briefly falling during better-than-expected US corporate earnings. Just this morning, both UK and Canadian CPI data came in hotter than […]
Today (Friday, October 14th) has been full of historic and turbulent decisions within the United Kingdom. Chief among them include the official end of the Bank of England’s (BoE) emergency bond-buying intervention scheme, as well as Prime Minister (PM) Liz Truss’ decision to fire Kwasi Kwarteng from his role as Chancellor of the Exchequer. He […]
Transpiring between 2 am and 2 pm Eastern Time, the forex market will be subjected to several bits of significant economic news on Wednesday, October 12th. Because of these potential fundamental catalysts, there is a chance that financial markets will experience substantial volatility accordingly. Let’s explore what this news could be and how it may […]
Tomorrow morning at 8:30 am Eastern Time, the United States Bureau of Labor Statistics will release three key monthly labor data reports: Average Hourly Earnings (month-over-month), Non-Farm Employment Change/Payrolls (NFP), and the new US unemployment rate. These three measures of nationwide labor market activity, and NFP in particular, have tremendous market-moving potential as fundamental catalysts. […]
A strange series of events recently sent the United Kingdom’s Pound Sterling tumbling to historic lows. Just weeks after the death of Queen Elizabeth II (a head of state who was uniquely well-liked among the UK’s population by contemporary standards) Kwasi Kwarteng, Britain’s new chancellor in recently appointed Prime Minister Liz Truss’ administration, issued a […]
Last week’s selloff was brutal for investors in the US stock market: the Dow Jones Industrial Average closed at its lowest level since late 2020, falling to 29590.41, losing 1.6% on Friday alone. With the S&P 500 currently down a whopping 23% from January’s highs this year, and other indexes close behind percentagewise, stock market […]
On September 2nd, tomorrow morning, at 8:30 am Eastern Time, the Bureau of Labor Statistics is scheduled to release another crucial round of US labor market data for last month. The public will learn 1) how average hourly earnings, i.e., labor prices, have changed month-over-month, 2) how many non-farm payrolls (NFP) were added, and 3) […]
The next few days will likely be full of unusual degrees of volatility in both the forex and stock markets. Let’s discuss why, and how to prepare for it, as we issue an urgent warning: Jackson Hole is here. What is Jackson Hole? The Jackson Hole Economic Symposium, often simply referred to as ‘Jackson Hole’, […]