Polish
English
German
French
Portuguese
Italian
Czech
Slovak
Vietnamese
Polish
Hawks are hunting on Wall Street. What will the week bring?
Recent data from the US labor market strongly changed market expectations regarding the path of interest rates in the United States. One more hike than before is now priced in, and interest rates Fed should peak just above 5%. The key thing, however, is that the market does not price in interest rates lower at the end of the year than at present. Although fuel prices still point to a potential drop in inflation in the US, it should be limited.
More rate hikes possible
Fuel production in the US is at a high level, and yet - prices at filling stations are not falling. Another wave of inflation growth in the US could also take place due to the situation in China. Comparing the inflation curve in the US to the credit impulse in the Middle Kingdom, one can suspect that in the next four to six months we should see a trough and a possible subsequent rebound in inflation. Russia announced a cut in oil production by 0,5 million barrels a day, and the current embargoes cause difficulties in storing and processing this raw material. It is possible that Moscow's problems will lead to a return of oil prices to around USD 100 per barrel.
We invite you to meet the economist XTB Michał Stajniak, in which he will focus on the key topic of this week - hawks are hunting Wall Street.
In today's video:
- What to expect from the Fed this year?
- Inflation in the US will surprise?
- Russia cuts production - what next for oil prices?
In addition, due to the very dynamic situation in the world, additional ones will be made available raports Video on the impact of war, pandemic and economic crisis on the global economy.
About the host
Michał Stajniak
Michał Stajniak - Raw Material Market Analyst in XTB. It places particular emphasis on the linkages between the behavior of commodity prices and the currencies of economies heavily dependent on exports of commodities such as oil, iron ore, gold and powdered milk. He is the author of frequent comments comparing commodity price indices with currency pairs such as AUDUSD, NZDUSD, USDCAD, USDNOK, or EURNOK. He represents XTB in the media (including TVN24 BIS, Polsat News, TVP Info, Bankier TV or Onet TV) and is the author of articles in the financial press such as Parkiet, Puls Biznesu and Dziennik Gazeta Prawna. He is a practitioner of the stock market and the derivative market. In his approach, he values fundamental analysis above all, but often uses Fibonacci levels to determine the demand and supply zones needed in a Price Action strategy. A graduate of Quantitative Methods in Economics and Information Systems at the Warsaw School of Economics.
CFDs are complex instruments and involve a high risk of a quick loss of cash due to leverage. 76% of retail investor accounts record monetary losses as a result of trading CFDs with this CFD provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
