September 26, 2023
London, UK

The Week Ahead 14/20-11-2022

October PPI is expected at 8.4 on yearly basis from 8.5 in September. The core PPI is forecasted at 7.2 same as the previous month.

Key Events CPI Non-Farm Payrolls volatility RBA

Key Events in the Week Ahead 7/13 – 11-2022

The week includes some events that will drive equities and bond markets around the globe. News on Friday that China might cancel some of the covid restrictions boosted the investor’s sentiment and supported the equities markets

Forex Markets

Forex Today

Forex market and the U.S dollar index trying to stabilize after yesterday’s sell-off and a strong rebound in the equities markets. The U.S CPI came in at 8.2%, year over year, above the consensus of 8.1%.


AUDUSD Lower On RBA Interest Rate Surprise

AUDUSD is trading lower today after the Australian central bank in a surprising move raised the benchmark interest rates by 25 basis points, below the expectations of a 50 basis points hike.


USDINR Steady After RBI Interest Rate Hike

USDINR is trading unchanged after the central bank of India (RBI) six-member Monetary Policy Committee delivered the third 50 basis point interest-rate hike in its attempt to battle inflation in the country while targeting to protect the economy


GBPUSD The Bloodbath Continues

GBPUSD plunges to fresh all-time lows at 1.0359 during the Asian trading marking the biggest one day fall and extending the previous week slide. As of writing GBPUSD trades at 1.0548 the lowest level since February 1985.