Posts Tagged ‘BTC analysis’

The combination of higher interest rates increased energy prices, and the fear of recession pushed central banks to get out of the eased monetary policies. In particular, the concern about possible recession is dragging the stock market down. Several economic data highlight the fears, like the latest job report in the US. Therefore, close attention…

The recent spike in the energy price affected consumers, but it turned into a political issue around the globe. The White House would be the main attraction of this storm as the midterm election is coming up for the US. The energy price indeed is one of the key elements of higher inflation that pushed…

The 75 bps rate hike showed how inflation is affecting the US economy. However, the early market sentiment was bearish as investors wondered how the Fed would react to the higher inflation. Finally, a less hawkish sentiment appeared by the Fed with no positive sign for other currencies.  In the UK, the latest CPI inflation…

US inflation continued pushing higher in May while the CPI index rose more lavishly than expected. As a result, consumers continue feeling the pinch of higher prices that would lead the FED to take immediate action. On the other hand, the European central bank left its policy rate unchanged last week but provided a hawkish…

The European Central Bank may flag its first rate hike in more than a decade, while the RBA might follow the path with a 50 bps rate hike. However, the rate hike party needs to be monitored to find clues about the inflation ease. Last week, the US inflation was supported by the NFP, where…

In April, there was a 16.6% decline in the US new home sales with a further 3.9% drop in pending home sales, indicating that the housing market is cooling down from the rising interest rate. On the other hand, the personal income and spending remained higher besides the hot inflation. The headline PCE deflator was…

The US retail sales topped the estimation in April while the industrial production showed a better-than-expected result. Although the inflation did not show a recovery to a satisfactory level, other metrics for the US economy remain solid. On the other hand, the UK inflation reached a 40 year high in April at 9%, putting additional…

The most recent CPI and PPI data showed that the inflation slowed down in April, which helped the US Dollar come back with a buying momentum. Moreover, the FOMC chairman Jerome Powell said that the Fed is likely to extend the rate by 50 bps at each of the next two meetings but is ready…

The Fed has raised the interest rate by 50 bps and hinted at further hikes in the next couple of meetings. However, market participants were expecting further hawkishness from the Fed, which made the US Dollar temporarily weaker. However, the strong NFP and dovishness from other central banks showed a rebound in the market sentiment…

The US Federal Reserve bank will meet this week where market players are anticipating a 50 bps rate hike with a possibility of unveiling an in-depth balance sheet reduction. If the actual decision matches the expectation, it would be an aggressive bullish factor for the US Dollar. On the other hand, the EU policymakers showed…