You are here: Home > articles > Forex > US Open Preview – Pound best performer on MPC Vlieghe’s rate forecasts
US Open Preview – Pound best performer on MPC Vlieghe’s rate forecasts
September 25, 2018 11:26 amVideo
Latest News
- Trading Signals for GOLD (XAU/USD) for April 15-17, 2024: buy above $2,328 (200 EMA – 5/8 Murray) April 15, 2024
- Video market update for April 15, 2024 April 15, 2024
- Trading Signals for GBP/USD for April 15-17, 2024: buy above 1.2450 (21 SMA – 0/8 Murray) April 15, 2024
- The dollar has not reached its potential April 15, 2024
- Analysis of GBP/USD. April 15th. Retail sales in the USA allow the dollar to continue rising April 15, 2024
- China’s Q1 GDP growth next on the Asian calendar – Preview April 15, 2024
- Technical Analysis – Goldman Sachs stock gains on strong earnings April 15, 2024
- Trading Signals for ETH/USD (Ethereum) for April 15-17, 2024: buy above $3,125 (200 EMA – 2/8 Murray) April 15, 2024
- Analysis for EUR/USD on April 15th. Monday – a tough day for the euro April 15, 2024
- GBP/USD: trading plan for the US session on April 15th (analysis of morning deals) April 15, 2024
- EUR/USD: trading plan for the US session on April 15th (analysis of morning deals). Euro is at an impasse April 15, 2024
- GBP/USD: Will sterling hold steady against dollar? April 15, 2024
- Technical Analysis – USDJPY rallies to another fresh 34-year high April 15, 2024
- Will Netflix earnings take the share price closer to its record highs? – Stock Markets April 15, 2024
- EUR/USD. April 15th. Bulls panic and retreat from the market April 15, 2024
- GBP/USD. April 15th. The dollar gains confidence April 15, 2024
- Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and the US Dollar Index April 15, 2024
- XM’s Heartfelt Ramadan Iftar Support April 15, 2024
- Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on April 15th April 15, 2024
- Technical Analysis – US 500 reverses towards 123.6% Fibonacci April 15, 2024
Here are the latest developments in global markets:
Day Ahead: US consumer confidence the major release ahead of a quiet day; trade negotiations eyed
In a relatively quiet day in terms of data releases, the US CaseShiller house price index and the Conference board consumer confidence index will come under the spotlight. Yet any potential trade headlines could prove of more importance as investors are eagerly waiting to see how far the US and China can stretch their trade dispute. Regarding NAFTA, reports suggest that informal discussions between Canada and the US will take place during the UN meeting in New York on Tuesday. Also, in New York, US President Donald Trump will be having a meeting with Japanese PM Shinzo Abe to discuss trade. Note that Trump considers Japan as his next trade war target.
Out of the US, at 1300 GMT, the CaseShiller indices gauging house prices during the month of July will be made public, while data on consumer confidence for the month of September will be released at 1400 GMT. The consumer confidence index is expected to rise to 132.2 from 133.4 before. Furthermore, the US Federal Reserve’s Federal Open Market Committee (FOMC) starts its two-day meeting on interest rates today, due to make its rate announcement on Wednesday.
In energy markets, investors will be waiting for the API weekly report to show changes in US crude oil inventories at 2030 GMT.
In addition, later in the day, New Zealand trade balance for December is scheduled for release at 2245 GMT.
In terms of public appearances, at 14:40 ECB Board Member Benoit Coeure will be participating at the 3rd ECB Annual Research Conference in Frankfurt.
Related Posts: