Jonny Hart speaks to APAC Senior Market Analyst Jeffrey Halley about news impacting the market and the week ahead.
Today we start with a lock around Asian markets. The Chinese Yuan and Asian equities have headed south today after hawkish comments from Jerome Powell overnight. We look at the stimulus measures from China, or lack thereof, and their implications for Asian markets.
We touch on the pre-FOMC blackout starting tomorrow and how a lack of “Fed-speak” could impact currency and equity markets next week. Next up is the French presidential elections this weekend and hopefully, sighs of relief in Brussels.
After that, it’s on to the data calendar next week. China PMIs next Friday will be Asia’s highlight, while Europe sees German IFO and Eurozone GDP releases at the end of the week. Also towards the end of the week, we get US Personal and Income and PCE Indexes, which the Fed follow closely.
There is plenty of stuff in between, so please tune in!
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.
Jeffrey Halley
He has previously worked with leading institutions such as Saxo Capital Markets, DynexCorp Currency Portfolio Management, IG, IFX, Fimat Internationale Banque, HSBC and Barclays.
A highly sought-after analyst, Jeffrey has appeared on a wide range of global news channels including Bloomberg, BBC, Reuters, CNBC, MSN, Sky TV and Channel News Asia as well as in leading print publications such as The New York Times and The Wall Street Journal, among others.
He was born in New Zealand and holds an MBA from the Cass Business School.
Latest posts by Jeffrey Halley (see all)
- Oil slides, gold rally continues - 5 August 2022
- US dollar retreat continues - 5 August 2022
- Pelosi relief rally in Asia - 5 August 2022