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US Jobs were revised… again, and Europe saw some tables flipped this weekend. How did the US dollar, the Euro, and markets in general interact with that? Here’s this week’s Market Overview in 10 Minutes by our expert analysts Noureldeen Al-Hammoury and Dominique El Khoury. Watch the full overview https://lnkd.in/dssZxf57. Trading carries high risk

So BOJ policy was unch’d. The Q&A could have ended when Governor Ueda replied to the first journalist with, “We still cannot say that we have achieved sustainable inflation”. Then later he doused a comment he made earlier this month with, (the reason why I said we might have enough (wage) data by the end of the year for a go/no go liftoff decision) was “because I wanted to keep all our options open”. Re: priorities, he “cannot say” whether YCC tweaks or liftoff from NIRP (neg int rate policy) or other changes come first. Based on his replies, the key remains the outlook for W A G E G R O W T H, which he mentioned repeatedly. Survey data for major companies’ wage hikes will begin to come out late March from labor org RENGO, but BOJ staff are conducting private surveys already fyi. Note SERVICE inflation is still too slow and also important. A weak yen, stickier than expected inflation, record gas prices, and pressure from the public (and the journalists!) to do something make it hard for the Ueda BOJ to remain unch’d. But after decades (!) of fighting DEflation, they want to ‘get it right’. Despite the above comments, liftoff still seems like a when or a why not, especially with growth “above potential” shrinking the output gap.

The Consumer Price Index (CPI) rose 3.2% in July, in line with expectations. However, jobless claims came in higher than expected at 244,000, up from 235,000 the previous week. Indicators suggest that the probability of a September rate hike is lowering, which is giving the equity market a sugar high and sending crypto higher. #CPI #joblessclaims #ratehike #fed #inflation #economy #market #Crypto #AltfundManagement

Today's Morning Market Brief is now available. Read more about today's headlines. #stockmarket #news

Today's Morning Market Brief is now available. Read more about today's headlines. #stockmarket #news

Weekly foreign exchange (FX) calendar for traders: ## FX Weekly Calendar • Monday: - Australian Private Sector Credit - Chinese Manufacturing and Non-Manufacturing PMI • Tuesday: - RBA Interest Rate Decision - US Manufacturing PMI • Wednesday: - ADP Non-Farm Employment Change - FOMC Meeting Minutes • Thursday: - Australian Trade Balance - US Initial Jobless Claims • Friday: - US Non-Farm Payrolls - Canadian Employment Change - US ISM Services PMI Key points: - Always check exact release times in your local timezone - Focus on high-impact events (usually marked in red on calendars) - Be aware of potential market volatility around major data releases. Remember to regularly review and adjust your trading strategy based on these economic indicators and central bank decisions.

#Thisweekmarkets are following key data on the US labor market, including the number of job openings and the change in private sector jobs from ADP, before the monthly jobs report with the unemployment rate is announced on Friday. The stock and bond exchanges in the United States are scheduled to close on Thursday, as the country celebrates Independence Day, which this year coincides with the general elections in the United Kingdom. Investors have the opportunity to build expectations about the path of monetary policy in the world's largest economies, as the minutes of the recent policymakers' meeting at both the Federal Reserve and the European Central Bank were released. #letsconnect: mshraka@tvmarkets.com #NFP #markets #economy #investing #tradeviewmarkets #tvmarkets #goldtrading #tradegatehub #tradewithpro #mt4 #mt5 #ctrader #realstocks #cashstocks #usstocks #futuresplatform #futurestrading #fed #interestrates #trading #onlineplatforms #tvm #support #customercare #tradeview #earnwithtradeview #partnershipprograms #mstv #tgh #holidays2024 #limitedtimeoffers2024 #ibs #affiliate #partnerships #marketing #clientcare #mstv #tvmarkets #sales #retail #china #oil #petroleum #data #marketingtools #copytrading #copytrade.

The Bank of Japan (BOJ) made a significant decision in March to conclude its longstanding policies of negative rates, yield curve control, and ETF purchases. With Japan's progressive approach towards its 2% inflation target, this decision marks a pivotal shift towards normalizing monetary policy. As economic conditions evolve, further rate hikes are anticipated, particularly influenced by wage growth trends observed from summer to autumn. The BOJ interprets the 2% inflation rate as a flexible average target, with recent trends suggesting a stabilization of inflation close to this target. Anticipated increases in wages, potentially reaching a 33-year peak, are likely to propel consumer prices further. This scenario strengthens the case for additional rate hikes within the year as part of the shift back to standard monetary policies. Governor Ueda emphasized that any decision on further rate hikes would be data-driven, with the bank prepared to adjust interest rates to maintain stable progress towards the 2% inflation target. Despite potential contraction in Q1 GDP and ongoing weakness in personal consumption, the BOJ maintains an optimistic outlook for a gradual economic recovery, supported by upcoming tax reductions and the positive effects of wage increases on consumer prices. As the BOJ prepares for its upcoming meeting, market participants and policymakers alike anticipate a continued cautious yet proactive approach to monetary policy adjustments. The focus remains on achieving a stable and sustainable inflation rate, managing economic recovery, and addressing potential challenges posed by wage dynamics and currency fluctuations. https://lnkd.in/dG6EtB7d

Economic Calendar Update🗓️ Today's focus shifts to Australia with the Wage Price Index, followed by the Eurozone's updates on Employment Change and Industrial Production. The spotlight then turns to the U.S. for the much-anticipated Consumer Price Index, alongside Retail Sales and the Empire State Manufacturing Index, providing a broader view of economic health. Subscribe to our news letter The Trading 411 for in depth weekly market updates👇 https://lnkd.in/dD9dVHEd *72.6% of retail CFD accounts lose money #WagePriceIndex #ConsumerPriceIndex #EconomicHealth

Weekly Market Update 4th March 2024 Another decent week for equity markets with most major stock indices finishing higher. Highlights included reassuring inflation data out of the US and continued strength from Japanese equities after comments from the Bank of Japan’s governor. #financialmarkets #finance #equities