The last week of January will bring in tow a flow of US statistics, more sessions of
Central banks,
and a meeting of
the US Fed. Things will be, at least, curious.
USD: attention to
the Fed <a name=\'more\'></a>
The first session of
the Fed this year must go smoothly
and without surprises.
The interest rate will be remaining in
the target range of 0-0.25% for quite a long time, while
the comments are likely to be carefully optimistic about
the planned stimulation. For
the USD, these factors are neutral, but
the dollar might decline a bit for short whiles.
Central banks: sessions are keeping on
Central banks: sessions are keeping on
This week, apart from
the US Fed,
the Banks of Nigeria, Hungary, Kenia, Mozambique,
and Kazakhstan are planning their sessions. In all
the cases,
the credit
and monetary policy is going to remain
the same, which is a signal of certain economic stabilization for capital markets.
US corporations will report their performance
US corporations will report their performance
The last week of January will provide us with
the financial reports of Apple, Tesla, Facebook,
and other large entities from
the US.
The stabler
the digits,
the better for capital markets
and risky assets; however, risks connected to low consumer demand might be still there.
GBP:
the pound is hoping for
the best
GBP:
the pound is hoping for
the best
After
the vaccination started,
the market\'s attitude towards
the pound remains positive. This week, statistics will be abundant, including
the labor market
and retail sales data.
The fewer
the signals of slowing down,
the better for
the GBP.
JPY:
the demand for safe-haven assets is limited
Capital markets are sure that
the world will escape
the tight grip of
the pandemics quite soon, so
the demand for protective assets, including
the yen, is limited. This week, Japan will publish
the statistics on
the CCI, unemployment rate,
and base inflation in Tokyo,
and if
the digits are moderate,
the JPY will hardly react.
Previous article
Intel reported
the results of Q4
and the whole 2020.
The financial performance got a positive market reaction:
the stocks leaped up by over 6%. However,
the words of
the management about
the perspectives dropped them by over 9%.
Next article
Arthur A. Merrill’s M
and W patterns look like waves. There are 32 patterns, 16 of which have a unique structure. Some look like classic price patterns, have a clear structure
and understandable identification rules.
