Foreign Exchange Insights and Next Week
Next Week’s Menu: May 4-10, 2024
May 3, 2024
Central Banks: Monetary policies will be reviewed in the U.K., Australia, Brazil, Mexico, Sweden, Poland, Serbia, Moldova, Iceland, and Malaysia. A summary of the Bank of Japan’s April 25-26th Board meeting will be published, and markets will get a clearer idea of how much intervention has been done by Japan. Governor Bailey of the Bank […] More
New Overnight Developments Abroad - Daily Update
Dollar a Bit Softer and Equities Up Ahead of Labor Dept U.S. Report on Employment Situation
May 3, 2024
Fed Chairman Powell’s quelling of interest rate hike fears has alleviated investor concerns for now. It would probably take a significant overshoot of jobs and wage growth in today’s April data to remove that hopeful mood. Investors are anticipating a 240k rise in non-farm payrolls and marginally slower on-year wage growth of about 4.0%. U.S. […] More
