The financial markets exhibited cautious sentiment as the euro and pound struggled with bearish trends, reflecting concerns over economic growth and central bank policies. The yen showed resilience amid expectations of rate hikes by the Bank of Japan, while the dollar remained supported by mixed US economic data and potential policy shifts. Gold remained constrained near its key resistance levels, with traders focusing on Federal Reserve signals and macroeconomic releases. […]
Archive for December, 2024
Amid shifting global market dynamics, the euro struggles under weak manufacturing data, the British pound faces challenges from high inflation and economic uncertainty, and the yen flirts with potential gains as the Bank of Japan hints at rate hikes. Meanwhile, gold’s allure fades, pressured by a strengthening dollar and rising Treasury yields, although geopolitical risks offer some support. Each asset navigates contrasting economic signals, with investors closely monitoring central bank […]
The upcoming week promises to be a pivotal one for financial markets, with a packed macroeconomic calendar led by key US employment data releases. Alongside the jobs data, major economic indicators from Switzerland, Australia, and Canada, as well as speeches from influential central bank figures, will shape market sentiment. Below is a detailed day-by-day breakdown of this week’s most important events, offering insights into the potential market impacts.