Weekly - Monthly Outlook

Weekly Outlook, 10- 14 May. 

Dow in New records and Fed comments after Weak NFP Number By: Ahura Chalki Market analyst – IFC Markets After shocking NFP numbers, the week ahead includes significant inflation numbers from the US and China, while UK is supposed to release its GDP numbers. And while eyes still on India and the virus spreading there, Earnings […]Read More

Stocks and Indices

NFP, what just happened?

Disappointing numbers and Market reaction By: Ahura Chalki Market analyst – IFC Markets As we used to hear from FOMC members in the last few days, it is soon to talk about asset purchase reducing or increasing the interest rate at any time this year, after reading such disappointing employment data.  US NFP report showing only […]Read More

Forex

Aussie lost the ground, despite the lower USD. 

Tensions with China continue. By: Ahura Chalki Market analyst – IFC Markets AUD decreasing against USD from its one week low, touched earlier today, while it was higher in early trading hours, thanks to a broadly weaker US dollar. The main reason for lower Aussie is the Australian tensions with China as China’s National Development and […]Read More

Fundamental

Jobless Claims, NFP 

What means positive data for USD By: Ahura Chalki Market analyst – IFC Markets Based on published data earlier today, the US jobless data during last week fell to a new post-pandemic low of 498,000 from 590,000 of the previous week’s claims, signaling better US economic recovery. But the negative side of the report was in continuing […]Read More

Fundamental

BoE and Sterling

Will they reduce Gilts’ purchasing plan? By: Ahura Chalki Market analyst – IFC Markets Today eye will be on the BoE meeting, where the Monetary Policy Committee (MPC) – Which is made up of nine members, including the Governor, the three Deputy Governors for Monetary Policy, Financial Stability and Markets and Banking, Chief Economist and four […]Read More

Commodities

Gold after US data!

Market sentiment is positive. By: Ahura Chalki Market analyst – IFC Markets Published data so far is positive. Despite missing the expectation of 800K, ADP numbers were much better than 565K of last month by showing 742K new positions. On the other hand, Markit composite and Service PMI, both more than expectations and above 60, confirming the excellent rebound […]Read More

Forex

Eyes turn on Service sector With betting on more reopening, the market collapsed in many areas and rose in many others. ADP`s jobs figures and the ISM Services PMI will be in the spotlight today. Commodities are on the rise while cryptocurrencies are stable. In the FX market, DXY gained momentum as Mrs. Yellen started […]Read More

Stocks and Indices

Stock Market is free fall

Nasdaq leading trouble  By: Ahura Chalki Market analyst – IFC Markets The first trading day of May started with the uptrend in stock markets. On Wall Street, DJI ended up 0.7% on Monday, while SP500 gained 0.3%. However, as a sign of faster recovery with reopenings in many States in the USA getting more precise, the […]Read More

Weekly - Monthly Outlook

Monthly Outlook – May 2021

Recovery on its way By: Ahura Chalki Market analyst – IFC Markets The overall look of the April review and My Preview Based on data released in April, the U.S. economy expanded at a rapid 6.4% yearly base in the first quarter. Almost every part and the financial group developed this year so far, as government stimulus […]Read More

Commodities

Oil ease as U.S. companies back on track

U.S. Baker Hughes Total Rig Count at the focus By: Ahura Chalki Market analyst – IFC Markets Last Friday’s data, just a few hours before market close, confirmed the 440 U.S. Baker Hughes Total Rig Count. Based on OPEC data published on the same day, members production also mainly rose, especially in Iraq, Libya. Iran and […]Read More