CFI Financial Group’s Post

🌍 Global Markets: Key Events and Data to Watch This Week 🌍 •#BeigeBook: A key report for Fed Chair, likely to underscore solid #retail spending growth in September, driven by income and #creditaccess. Few districts to report disruptions due to Hurricanes. •#BankofCanada: Following a surprise dip in September #inflation and the #Fed’s 50-basis-point cut, the Bank of Canada may accelerate its rate cuts. Market participants are split between a #25or50bps cut. •#China loan prime rate cut: #Chinesebanks are likely to #lower their rates, following the People’s Bank of China’s #stimulus measures announced last month. •#Tokyo’s CPI Report: October’s #inflation data may show signs of overshooting the #BankofJapan’s 2% target, raising concerns for long-term inflation control. •#Global #PMI Data: PMI reports critical for Europe, where September data showed #economic weakness. •The #IMF, #WorldBank meetings and the #BRICS summit will also be in focus as global leaders and central bankers gather. #GlobalMarkets #Economy #BeigeBook #Inflation #PMI #BRICS #IMF

Peak inflation is well behind us in emerging markets. Inflation Rates are dropping and are expected to fall further in 2024. Growth rates in EM is about 4.2%, well above the 1.7% growth rate of developed markets Central banks are easing policy, not raising rates now. This trend should persist in 2024 as inflation cools further. Emerging economies benefit from easing financial conditions, higher energy production etc. With the developed world also cutting rates, emerging currencies face less pressure. #inflation #Emergingmarkets

Please find below today’s market commentary by Bianca Botes, Director at Citadel Global.    Tuesday, 23 April 2024   There was little movement in the rand on Monday and the dollar weakened marginally as safe-haven demand tapered down. This week’s upcoming data has markets keeping a bias for a stronger dollar as they brace for what is expected to be another strong GDP reading and hot PCE print. This will erode any hope for an interest rate cut by the Fed in June.   On the data front, we will keep an eye on the local leading indicator index today, followed by EU, UK and US PMI. This evening, we will also turn our attention to the SARB monetary policy review, that will provide insight into the SARB’s projections for the South African economy.   The rand is trading weaker this morning, at R19.17/$, R20.43/€ and R23.69/£

🌍 Global Markets on High Alert! 🚨 This week, there are major events that could significantly impact your investment portfolio: 📊 Focus on Central Bank Decisions 🔹 Federal Reserve (Fed): Will there be a rate cut? 💵 🔹 Bank of Japan (BoJ): New signals for 2025? 📉 🔹 Bank of England (BoE): Three central banks will announce their decisions together on December 19! 💹 Key Data to Watch ✅ China: Economic data + Global PMI (December 16) 🇨🇳 ✅ UK: Employment stats, EU confidence, and US retail & production data (December 17) 🇬🇧 ✅ Inflation: Inflation data from the UK and EU (December 18) 📈 ✅ US: GDP, PCE, and consumer spending data (December 20) 🇺🇸 ✨ Market Highlights 💰 Gold shines with 30% growth this year 🌟 🛢️ Oil remains steady above $71, despite concerns about demand from China 📌 Make informed decisions and seize market opportunities! 🚀 The right choices will strengthen your investment portfolio. 📞 For more information: 🌐 Website: www.obohfx.com 📧 Email: info@obohfx.com 📱 Social Media: @oboh.america 👉 Join us today and take your trading to the next level of success! 📈 🔗 #Markets #Forex #Trading #InvestorAlert #Stocks #WallStreet #Investing #FinancialNews #oboholdinglimited #oboh.america

It’s a pleasure to be on Bloomberg's The Asia Trade earlier today sharing views on the Fed's rate trajectory and why we're overweight gold. - The Fed is shifting to a more natural reading of "data dependency", where it will only move if the data justifies it. As we look at the inflation and employment numbers, we think a rate-cut pause is warranted. - We think investors need to focus not only on what the Fed is doing, but why. And a shift toward slower interest rate cuts based on robust domestic economic performance is nothing to be feared. - We are overweight U.S. equities. Our year-end target for S&P 500 is 6,600. We think the pullback creates opportunities to add positions. - We are overweight gold as we think global central banks' buying is still an important supporting factor for gold price.

Our daily reports at Sevens Report Research give you actionable insights to boost your market knowledge. Focus more on client relationships while we keep you informed. Try our daily report for free and see why thousands trust us! Click here to get started: https://ow.ly/AYsV50Rebg1 🔍 What’s in Today’s Report: 📉Futures slightly down ahead of more inflation data & following disappointing Chinese economic figures. 🌍 China’s CPI rose less than expected, highlighting deflation risks in their slow-growth economy. 🌐 Geopolitical tensions rise with U.S. officials warning of possible Iranian retaliation against Israel. 📅 Key focus on today’s PPI post-CPI; higher than expected PPI may hike yields, dip stocks. Conversely, lower PPI could bring stock relief. Also, ECB Rate Decision and Jobless Claims in focus. 👨💼 Fed speakers Williams, Barkin, Bostic today; their post-CPI stance on rate cuts could sway market direction. #Stocks #StockMarket #CPI #Trading #Investment #Investing #NYSE #WallStreet #AUM #ManagingAssets #HelpingAdvisors #FinancialProfessionals

The past week was marked by mixed signals in the global markets, with inflation concerns, central bank policies, and geopolitical risks shaping investor sentiment. Here are the key developments: 📉 Equities: US and European markets experienced volatility, with tech stocks leading the decline amid concerns over further interest rate hikes by the Federal Reserve. However, energy and utilities sectors gained, driven by rising energy prices. 💹 Currencies: The US dollar remained strong against major currencies, bolstered by hawkish Federal Reserve comments and solid US labor market data. The euro struggled, facing downward pressure due to lower-than-expected economic growth in the Eurozone. 💼 Commodities: Oil prices surged to their highest levels since early September, driven by geopolitical tensions in the Middle East and supply constraints from OPEC. Gold prices also saw a slight uptick as investors sought safe-haven assets amidst market uncertainty. 🔍 Looking Ahead: Investors are closely watching Q3 earnings reports and upcoming inflation data, which are likely to influence central bank decisions in the coming months. With market uncertainty persisting, it’s critical to stay updated and agile in portfolio strategies. How are you adjusting your investments in light of these developments? #MarketUpdate #Investing #Finance #Equities #Commodities #Inflation

Our daily reports at Sevens Report Research give you actionable insights to boost your market knowledge. Focus more on client relationships while we keep you informed. Try our daily report for free and see why thousands trust us! Click here to get started: https://ow.ly/QAzg50RebfZ 🔍 What’s in Today’s Report: 📉Futures slightly down ahead of more inflation data & following disappointing Chinese economic figures. 🌍 China’s CPI rose less than expected, highlighting deflation risks in their slow-growth economy. 🌐 Geopolitical tensions rise with U.S. officials warning of possible Iranian retaliation against Israel. 📅 Key focus on today’s PPI post-CPI; higher than expected PPI may hike yields, dip stocks. Conversely, lower PPI could bring stock relief. Also, ECB Rate Decision and Jobless Claims in focus. 👨💼 Fed speakers Williams, Barkin, Bostic today; their post-CPI stance on rate cuts could sway market direction. #Stocks #StockMarket #CPI #Trading #Investment #Investing #NYSE #WallStreet #AUM #ManagingAssets #HelpingAdvisors #FinancialProfessionals

Middle East Markets Rise On Positive Data And Fed’s Rate Cut Signals

In May, global stock markets rallied to new all-time highs, supported by tech stocks and softer US inflation data. European bond prices declined slightly as expectations of rate cuts were pushed back and reduced amid sticky inflation, and central-bank speakers played down the extent of future monetary easing. Global economic data showed signs of improving activity, although US growth showed some signs of moderating as inflation in the country slowed, leaving the potential for the Federal Reserve (Fed) to cut rates in the coming months. In Europe, while the European Central Bank (ECB) was set to ease policy in June, the rise in Eurozone inflation led to a slight reduction in the scale of expected rate cuts for 2024.   Our Market Pulse discusses these themes and outlines our outlook for markets over the next 12 months. Download our pdf for the full story. https://lnkd.in/eWqF3CwD  #marketreview #ILIM #equities #bonds #economicoutlook #outlook