FBZ

December 2023 Monthly

The global economy appears to be entering a new phase. The us economy is expected to slow sharply in q4, with a broad slowdown in consumption, government spending, and business investment. Global central banks are facing challenges in responding to new threats to price stability. The eurozone and uk economies continue to struggle.

What Will Powell Say?

The dollar is trading softer today, with the scandis and dollar-bloc currencies leading with gains. Hong kong and south korea saw equity losses, while europe's stoxx 600 is up for the third straight gain. Caixin manufacturing unexpectedly rose to 50.7 in november. Market participants will be focused on fed chair powell's comments and stance on rate cuts.

The Dollar Is Having One Of Its Best Days This Month

The dollar is having one of its best days of the month. The dollar is rising against all major currencies. European benchmark yields are mixed, with the 10-year gilt yield up almost three basis points. Imf revised forecast for china's gdp to 5.4% but the november pmi disappointed.

Weekly Report: what happened at FBZ last week (1120-1124)?

Week Ahead: U.S. PCE Deflator, EMU CPI, China PMI, OPEC+, And COP28

Home market outlook forex analysis week ahead: u.s. Pce deflator, emu cpi, china pmi, opec+, and cop28. The dollar fell against all the g10 currencies last week. High-frequency economic data to watch includes the us cpi, eurozone's preliminary cpi, and china's pmi.

Short Note For The Day After Thanksgiving

Foreign exchange market remains subdued with major currencies fluctuating around +/- 0.2%. China considers new efforts to support the property market, leading to a rally in developer stocks. Uk's pmi was better than expected and the euro is near the high for the week. Peshkov says the foreign exchange market is subdued.

Corrective Forces Help The Dollar Stabilize

Corrective forces helped the dollar stabilize yesterday and it is firmer today. The dollar stabilizes and strengthens against the euro and yen, while also gaining against most emerging market currencies. Gold consolidates around $2000 after a 1% jump and the nikkei is down.

Weekly Report: what happened at FBZ last week (1113-1117)?