A tough year for investors across all asset classes and around the globe was 2022 as negative returns prevailed. Persisting inflation was the main theme globally which pushed all major central banks to aggressive rate hikes
A critical week starts on Monday with four major central banks Fed, the European Central Bank, the Bank of England and the Swiss National Bank announcing their policy decisions while the U.S. CPI figure will play an important role
EURUSD retreated today as it faces strong resistance at the 200-day moving average. Earlier today reported that final inflation figures in the euro area CPI rise 10.6% below the expectations of 10.7%
Here are the key events and economic data that investors and traders are monitoring on Thursday.
First at 8:30 a.m. ET, the Labor Department
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%.
