Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Stock’s futures gain in today's session
Information is not investment advice
Ichimoku Kinko Hyo
AUD/JPY: The AUD/JPY pair is now trading above the Kumo. Further bullish momentum will trigger the market to reach fresh highs.
European Market View
Today investors are awaiting the ZEW Indicator of Economic Sentiment for the German economy, showing more optimism among analysts, while the uncertainty from COVID-19 may temper the expectations.
At 16:00 CET Fed’s Mester will deliver a speech. The House of Representatives of the U.S. Congress may approve the 1 trillion dollars infrastructure package. Stock’s futures gain as traders eye the risk of the virus.
In Europe, companies will report earnings on Tuesday. The cautious optimism in Europe reflects similar sentiment emerging in Pacific and Asia, where shares slightly rose this morning.
A United Nations agency is warning that the central bank’s actions create a high risk of pushing the global economy into recession.
Inflation in New Zealand is the highest since 1990, edging to 7.3% in Q2 2022. The currency is under heavy pressure as the Reserve Bank of New Zealand is trying to reverse the inflationary spiral. The week ahead will give us a valuable clue about the country’s monetary policy, and we are here to talk about that.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD.