Weekly - Monthly Outlook

Monthly Outlook – June 2021

Volatility Month ahead By: Ahura Chalki Market analyst – IFC Markets In May, US upbeat economic data did not surprise the market participant as many used to wait for them after a considerable stimulus. However, with April Non-farm payrolls, Retail Sales, and finally with May NFP data of yesterday, doubts back into the market and caused […]Read More

Fundamental

Non-Farm Payroll and Market reaction

NFP missed the expectations By: Ahura Chalki Market analyst – IFC Markets While None Farm Payroll again missed the expectation on 559K, less than 650K estimates, April upward revision also was minor than getting the attention, only 12K from 266,000 to 278,000. According to a Labor Department report Friday, with 559K employed, the unemployment rate fall […]Read More

Daily Market Review

USD back to warily!

Market Update ahead of NFP By: Ahura Chalki Market analyst – IFC Markets As it was expected and mentioned earlier this week, as much as we are getting closer to the NFP data should wait for stronger USD, since market pricing more and more on FED possible Hawkish; however, the risk of surprise of April is […]Read More

Stocks and Indices

Employment data and FED in focus

FED started its’ signals? By: Ahura Chalki Market analyst – IFC Markets While Initial Jobless Claims fall sharply to 385K and ADP Nonfarm Employment Change in May raised to 978K; however, the market is putting more price on tomorrow’s NFP data, where we are expecting to see Nonfarm Payrolls to rebound above 600K and the unemployment […]Read More

Commodities

Stronger Oil price lifting Energy Stocks!

Oil after OPEC meeting By: Ahura Chalki Market analyst – IFC Markets Stock markets are trading near their record highs, especially in Europe, as investors are pricing more on faster economic recovery after yesterday’s impressive PMI data. And more substantial Oil prices lifting Energy Stocks.  Even if it is not as good as yesterday, stocks are […]Read More

Daily Market Review

What’s up in the Market?

Daily Market review – June 2 By: Ahura Chalki Market analyst – IFC Markets US 10-year bond yields still moved above 1.60% and helped the U.S. dollar index regain yesterday’s loss. Currently, it is trading at 89.90, 0.4% higher than yesterday’s low, following increasing U.S. data and despite dovish FED comments.  The market is still mixed […]Read More

Stocks and Indices

USD Index, after ISM numbers.ahead of NFP

More profound digits or time to return? By: Ahura Chalki Market analyst – IFC Markets While ISM Manufacturing PMI (May) at 61.02 beat the expectations, the dollar is trading under pressure, losing 0.32% at 89.70 so far on Tuesday.  On Friday, with raising personal consumption expenditures price index (PCE), a measure that closely following by the […]Read More

Fundamental

Inflation and largest annual gain since 1992

Will FED still stay committed? By: Ahura Chalki Market analyst – IFC Markets According to the U.S. Commerce Department published data earlier today, U.S. consumer prices (inflation) rise sharply in April. Inflation in April rose much more than FED’s 2%target and with the most significant annual gain printed 3.1%. Fast-growing inflation has been seen because of […]Read More