All Articles Tagged - US500cash

Daily Market Comment – Fed gears up for battle, markets tremble

Posted on December 15, 2021 at 9:47 am GMT

Fed meeting today will be critical – all eyes on taper speed and dots Dollar climbs, stocks dive after US producer prices surge UK inflation spike revives BoE rate bets, gold rolls over Fed in the spotlight The Federal Reserve is widely expected to accelerate the pace at which it dials back its asset purchases today, opening the door for raising interest rates earlier. An onslaught of impressive economic data and intensifying inflationary pressures have left policymakers little choice but [..]

US Open Note – Quiet day ahead of raft of central bank meetings

Posted on December 13, 2021 at 2:02 pm GMT

It’s a relatively quiet start to the week before the expected onslaught of central bank meetings that will take place this week. On Monday, US futures gained along with European stocks as traders braced for a week of central bank decisions amid fears about inflation and the omicron virus. Fed, ECB and BoE meetings in the spotlight this week The Federal Reserve is anticipated to accelerate its stimulus withdrawal on Wednesday and could pave the way for quicker interest rate hikes in 2022 if price pressures remain around a [..]

Daily Market Comment – Mega week for central banks begins

Posted on December 13, 2021 at 9:32 am GMT

Markets relieved after US inflation report, trading like this is the peak Dollar pulls back alongside yields, stocks close at new records Massive week lies ahead, featuring five major central bank meetings Peak inflation? The latest inflation data out of the United States sparked a relief rally on Friday. Even though annual CPI inflation hit a four-decade high of 6.8%, investors were apparently positioned for an even hotter print after some earlier comments from President Biden that seemed to warn [..]

US Open Note – Dollar in quiet trading after US CPI; equities secure positive close

Posted on December 10, 2021 at 2:31 pm GMT

US inflation the highest in four decades The eagerly awaited US consumer price index came in as expected on Friday ahead of a busy week with focus on several central bank events. Prices grew the fastest in four decades in November at 6.8% y/y on the back of gas and energy increases. The core CPI measure was also in line with forecasts at 4.9% y/y, but still at uncomfortable levels and well above the Fed’s 2.0% symmetric target, suggesting that [..]

Weekly Comment – Central bank fiesta, flash PMI and inflation reports

Posted on December 10, 2021 at 12:38 pm GMT

Global markets took a breather from the Omicron panic this week as fears about the variant’s impact on global economic growth subsided. The upcoming week is probably the busiest of the year with interest rate decisions from America, the Eurozone, the United Kingdom, Switzerland and the Japanese central bank. Moreover, inflation data from the UK, Eurozone and Canada, together with updates on global economic activity from American, European and British purchasing managers indices will hit the markets. The Highlights: In [..]

US Open Note – Stocks give up ground amid covid curbs; pound remains muted near 2021 lows

Posted on December 9, 2021 at 3:02 pm GMT

Equities take a breather European stock indices returned to negative territory as infections remained elevated in the region and governments reintroduced new mild measures to counter the spread of the omicron variant despite drug makers defending the efficacy of their vaccines in the past few days. Energy shares drove losses in the pan-European STOXX 600, but the decline is moderate so far in the day, and negligible compared to Monday’s impressive rally. Likewise, the UK’s FTSE 100 pulled below yesterday’s [..]

US Open Note – Risk sentiment rebounds on omicron relief; RBA policy decision looms

Posted on December 6, 2021 at 2:16 pm GMT

Omicron concerns ease after volatile week While the omicron variant keeps spreading rapidly around the globe, headlines that its symptoms are not as severe as previously feared, provided a breather to global markets on Monday after a bumpy week. Of course, it is too early to draw final conclusions, and the Covid news will probably keep everyone on their toes for longer amid fears stricter lockdown measures could roll in again ahead of the holiday season. Yet, the less risks the [..]

Daily Market Comment – Choppy markets brace for nonfarm payrolls

Posted on December 3, 2021 at 10:10 am GMT

US jobs report could decide whether Fed pulls the QE handbrake Euro trades heavy after German restrictions, commodity FX bleeds Oil bounces even without OPEC support, gold grinds lower Nonfarm payrolls coming up The US employment report for November will dominate trading in financial markets today as investors grapple with whether the Fed will speed up the tapering process. Nonfarm payrolls are projected to clock in at 550k, pushing the unemployment rate down one tick to 4.5%. Wage growth is [..]

US Open Note – Omicron variant continues to cast a shadow over markets

Posted on December 2, 2021 at 2:28 pm GMT

Dollar edges lower ahead of US jobs report The US dollar was trading without a clear direction on Thursday, as the markets continue to digest Fed Chair Jerome Powell’s hawkish shift and recent Omicron variant developments. Further hawkish remarks from Cleveland Fed President Loretta Mester, who is an FOMC voter next year, were unable to boost the dollar. All eyes will fall on the upcoming jobs report set to be released on Friday. Positive data could encourage traders’ speculation over [..]

Daily Market Comment – Stocks under pressure, oil awaits OPEC decision

Posted on December 2, 2021 at 9:59 am GMT

Wall Street takes another hit as Omicron spreads, Fed can’t help FX market generally quiet, albeit with a hint of risk aversion With oil prices plunging, traders look to OPEC for assistance Equities drift lower Another wave of selling hit Wall Street on Wednesday. What started out as a strong session for stock markets ultimately turned around, with the major indices closing deeply in the red. There was no clear catalyst behind this sudden reversal, although many point the finger [..]

Legal disclaimer: The material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instruments. XM accepts no responsibility for any use that may be made of these comments and for any consequences resulting in it. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. The research and analysis does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it.

It has not been prepared in accordance with legal requirements designed to promote the independence of research, and as such it is considered to be marketing communication. Although we are not specifically constrained from dealing ahead of the publication of our research, we do not seek to take advantage of it before we provide it to our clients. We aim to establish, maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. We operate a policy of independence, which requires our employees to act in our clients’ best interests and to disregard any conflicts of interest in providing our services.

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losing all of your invested capital, so please make sure that you fully understand the risks involved.

US500cash

XM Live Chat