Trading Opportunities

Inflation vs. Fed Decision: What’s driving markets next week?

While closely related, US inflation and the Federal Reserve's interest rate decisions can impact the market with varying intensity. The Fed aims to avoid surprising the market, whereas inflation is unpredictable. Consequently, the market is confident that the Fed will...

ECB Rate Cut Looms: EUR/USD Set to Slide?

Given the increasing likelihood that the ECB will cut rates before the Fed, further EUR/USD depreciation could be anticipated in the coming days/ weeks. A move below the 100-day moving average would have traders looking toward the 200-day moving average...

Trials and Elections: 3 Market-adjacent events to watch

Former U.S. President Donald Trump was convicted last week on all counts of falsifying business records. Trump faces sentencing in one month’s time on July 11. Each of the 34 felony counts could result in up to four years in...

Dollar Watch: JOLTs, ADP, NFP

It's US jobs week. Which gives us at least three trading opportunities, scattered out nicely over the whole week. First is the JOLTs Job Openings report. Second is the ADP Employment Change report. Finally, we have the Nonfarm Payrolls (NFP)...

Key factors for EUR/GBP trade next week

With a European Central Bank (ECB) decision due next week, a trade in the GBP/EUR could be of interest. Presently, the EUR/GBP is trading at the lowest rate since August of 2022....

USD/CNH: BofA’s Caution, JPM’s Warnings

Bank of America (BofA) has expressed caution about betting against the US dollar in the face of recent improvements in sentiment towards China's economic policy stimulus. Recent policy actions by China have sparked optimism, leading to a weakening of the...

Can Oil soar on June 2 OPEC+ cut hopes?

WTI crude futures and Brent continue to recover from three-month lows. The rebound is potentially driven by expectations that OPEC+ will extend its output cuts of 2.2 million barrels per day into the second half of the year during its...

Which Fed speaker moves the market the most?

We have another eventful week ahead with numerous Federal Reserve officials scheduled to speak publicly. Anecdotally, I seem to recall Mester and Kashkari are two of the most impactful speakers, and this week provides an excellent opportunity to see if...

Key Canadian trading events this week

On Friday, alongside the US PCE data release, Canada will publish its Q1 GDP growth figures. Earlier in the week, Canada will also release its producer prices data. Note that US markets will be closed on Monday for Memorial Day....
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