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Weekly Market Outlook: FOMC and European PMIs in focus


Weekly Market Outlook: FOMC and European PMIs in focus
May 17, 2021 11:00
Wednesday’s FOMC meeting minutes release takes centre stage this week after last week’s surge higher in the US inflation figures. More and more investors are leaning towards the Fed having to increase interest rates sooner rather than later but the central bank has so far stood firm. 
While the US dollar is likely to be in focus this week, traders will also be digesting the Australian employment report and European PMI figures from Germany and France. The euro has had good volatility over the past few weeks but is still directionless in the long term.    ....

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Weekly Market Outlook: US data and earnings in focus this week


Weekly Market Outlook: US data and earnings in focus
May 10, 2021 12:00
All eyes will be firmly fixed on US economic data and the US dollar this week after a huge miss in last week’s employment figures. Economists and analysts forecasted more than 990,000 jobs would be added to the economy but figures came in at just 266,000 jobs. 
The US dollar sank on the news, making this week’s data important for the long-term trend of the greenback. This includes Wednesday’s Consumer Price Inflation (CPI) report and Friday’s Retail Sales number. 
Corporate earnings are also in focus with a variety of companies reporting, including Cisco Systems, ABN Amro, Walt Disney and others.  ....

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