Category: Fundamental Analysis

IC Markets Europe Fundamental Forecast | 24 March 2023 What happened in the Asian session? The Japanese National Core CPI y/y shows a decrease from the previous figure of 4.2% to 3.1%, in line with market expectations. The Flash Manufacturing PMI shows a slight increase from the previous 47.7 to 48.6, slightly better than the … Continue reading IC Markets Europe Fundamental Forecast | 24 March 2023

IC Markets Asia Fundamental Forecast | 24 March 2023 What happened in the US session? To tackle inflationary pressure, the SNB raised the policy rate to 1.5% with an increase of 50bps and may continue. Inflation has been rising since the start of the year, currently at 3.4%, which still exceeds the range that the … Continue reading IC Markets Asia Fundamental Forecast | 24 March 2023

IC Markets Europe Fundamental Forecast | 23 March 2023 What happened in the Asian session? As expected, the USD is still experiencing weakness following the relatively dovish view on the Fed’s tightening cycle amid the recent banking turmoil in the US and Europe. What does it mean for the Europe & US Sessions? The central … Continue reading IC Markets Europe Fundamental Forecast | 23 March 2023

Global Markets: Asian Stock Markets : Nikkei down 0.05%, Shanghai Composite up 0.29%, Hang Seng up 1.48%, ASX down 0.67% Commodities : Gold at $1979.70 (+1.54%), Silver at $23.12 (+1.47%), Brent Oil at $76.00 (-0.90%), WTI Oil at $70.16 (-1.04%) Rates : US 10-year yield at 3.447, UK 10-year yield at 3.483, Germany 10-year yield … Continue reading Thursday 23rd March 2023:  Fed Hike and Yellen’s Comments on Deposit Insurance Trigger Sell-off in Asian Markets