The highlight of this week on financial markets will undoubtedly be the Fed meeting and Wednesday's decision on monetary policy in the US. Although a change in interest rates is not expected (now it is 5,25-5,50%), [...]
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January 16 2024
Weak euro despite hawkish statements from the ECB
Yesterday, the Wall Street stock market was closed. Americans celebrated Martin Luther King Day. The EUR/USD rate fell to 1,0910 tonight and was the lowest since January 5. In Europe, stocks fell and yields [...]
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January 5 2024
Inflation in the euro zone and NFP – these are the key events today
Today, the EUR/USD rate will be determined by the inflation results from the euro zone, and in particular the monthly report on the condition of the American labor market. The ECB and the Fed have most likely ended the cycle of rate increases [...]
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December 1, 2023
Decrease in crude oil and euro after inflation data
The expanded cartel issued a statement Thursday in which it did not formally support production cuts, but individual countries announced voluntary reductions totaling 2,2 million barrels a day in the first quarter of 2024.