The past week proved a turbulent one for markets as traders battled with growth concerns in China and Europe alongside the prospect that the longer-run interest rate in the US is higher than it was pre-pandemic. While the week started in a choppy manner based on these dynamics, it actually ended on a quiet note despite commentary from prominent central bankers at the Fed’s annual Jackson Hole Symposium. The market focus next week is likely to return back to the economic data, with some marquee releases scheduled ahead of the next round of policy decisions.
You can read the Week Ahead in full here:
Authors:
Simon Harvey, Head of FX Analysis
Jay Zhao-Murray, FX Market Analyst
María Marcos, FX Market Analyst
Nick Rees, FX Market Analyst
Disclaimer
This information has been prepared by Monex Canada Inc., an execution-only service provider. The material is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is, or should be considered to be, financial, investment or other advice on which reliance should be placed. No representation or warranty is given as to the accuracy or completeness of this information. No opinion given in the material constitutes a recommendation by Monex Canada Inc., or the author that any particular transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research, it is not subject to any prohibition on dealing ahead of the dissemination of investment research and as such is considered to be a marketing communication.
Login
