Trading Opportunities

BOJ Decision Countdown: Potential 15-Basis Point Rate Hike Leaked

The Bank of Japan is reportedly considering a 15-basis point interest rate hike, surpassing market expectations of a 10-basis point increase or no change at all, according to NHK. This comes as the U.S. Federal Reserve contemplates a rate cut,...

Pressure Builds Ahead of Major Central Bank Marathon

It's a huge week for central banks with the Bank of Japan (BOJ), Federal Reserve (Fed), and Bank of England (BOE) set to deliver their decisions within a 32-hour window. Market activity remains largely subdued in anticipation....

More market events to watch this week

The US Federal Reserve is set to announce its interest rate decision on July 31, with expectations pointing towards a hold. Wall Street Journal Fedwatcher Nick Timiraos suggests that the Fed may lay the groundwork for a potential rate cut...

Critical Economic Events to Watch Next Week

Over three-quarters of economists surveyed by Reuters expect the Bank of Japan to maintain its current rate next week, with a possible move in September or October. However, sources indicate that the outcome of the July 30-31 meeting is uncertain....

GBP/USD to Track 100-MA Slope?

On Wednesday, GBP/USD traders will focus on the UK's July Manufacturing and Services PMI, expected to show slight increases. Although, more significant events will come from the U.S., including the annualized Q2 2024 GDP and the PCE Price Index....

ETH ETFs to Follow Bitcoin’s Footsteps?

ETH/USD is expected to experience increased volatility this week, with spot Ethereum ETFs set to go live on Tuesday, according to Bloomberg. The Securities and Exchange Commission (SEC) is poised to finalize updates on the products today....

3 Events to Watch: CrowdStrike, 25th Amendment, & US weather

A widespread outage on Friday left computer screens blue, grounded flights, halted hotel check-ins, and disrupted freight deliveries, forcing businesses to revert to paper and pen. The incident, allegedly triggered by an update from CrowdStrike (down ~12%), also affected Microsoft’s...

Trade Alerts: SA Rates and BoC Decision

South Africa is expected to maintain its key interest rates at 8.25% and 27.25% on Thursday, citing persistent inflationary pressures. Central bank Governor Lesetja Kganyago has emphasized that rate reductions are unlikely until inflation sustainably returns to the 4.5% midpoint...

EUR/USD: Biden Replacement and ECB Decision Loom

Political uncertainty in the U.S. could significantly impact the EUR/USD as markets brace for tomorrow’s ECB decision. The major political factor may not if President Biden steps down, but who steps up to take his place. Who will the markets...
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