Jump to content

Recommended Posts

Week Ahead starting 20/3/23: Fed; ZEW; BoE; RBA minutes; Nike and Fevertree results

As the banking crisis unfolds, a raft of indicators from Germany, a rate decision in the US, UK and minutes from the last RBA meeting will give investors an idea of where markets are headed next. Nike and Fevertree report.

 Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Friday 17 March 2023 

China & Germany

China publishes its latest loan prime rate, plus look out for Germany's producer price index. Then on Tuesday, we get the minutes from the last RBA meeting. From the UK, watch out for public sector net borrowing details from the UK, which will be quite interesting given we have seen months of strike action across many sectors from Germany, a big data point there and possible entry or exit point for traders is the ZEW economic sentiment indicator. From the US, we have existing home sales and crude oil inventories data.

UK & US

Midweek, we get the consumer price index and producer price data from the UK along with those retail numbers. This should give us a clearer idea of whether or not that super sticky inflation is coming off those high levels. In the US, we get a continuation of oil data with crude oil inventories from the EIA. Plus, a Fed interest rate decision, followed by the Bank of England.

 

week ahead.PNG

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      21,631
    • Total Posts
      91,894
    • Total Members
      41,908
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Shant
    Joined 24/03/23 13:04
  • Posts

    • Charting the Markets: 24 March The FTSE 100, DAX 40 and Nasdaq 100 slide on renewed banking woes while EUR/USD, EUR/GBP and GBP/USD drop as the US dollar, gold appreciate due to flight-to-quality flows. Crude oil and copper tumble on recession fears.  Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Friday 24 March 2023         This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.  
    • Market Breakdown | WTI Oil, EURUSD, GBPNZD, EURAUDHere are the updates & outlook for multiple instruments in my watchlist.1️⃣ WTI Oil daily time frame️The market is trading in a long term bearish trend .After the last sharp bearish movement, the market is steadily recovering.Ahead, I see a major horizontal supply area.Probabilities are high, that the next bearish wave will initiate from there.2️⃣ EURUSD daily time frameAfter a breakout of a solid daily resistance, the market is preparing for its retest.Watch carefully the underlined zone and look for buying opportunities from there.3️⃣ EURAUD weekly time frameThe pair is currently approaching a weekly horizontal resistance cluster.Taking into consideration, that the pair is quite overbought, probabilities will be high to see a pullback from that4️⃣ GBPNZD daily time frameThe pair is currently retesting a broken neckline of an ascending triangle . As we discussed earlier, the trend line of a triangle and its neckline compose a contracting buy zone now.Chances will be high that the next bullish wave will initiate quite soon.For Additional confirmation use: Divergence Indicators
    • #CHFJPY: Classic Bearish Setup 🇨🇭🇯🇵   🔻CHFJPY has nicely respected a confluence zone based on a horizontal 4H resistance and a 0.5 retracement of the last bearish impulse.   The price formed a double top pattern on that and broke its neckline.   Probabilities will be high that the pair will drop lower soon. Goals: 141.172 / 140.363  
×
×
  • Create New...