Forex Analysis & Reviews: 23.08.2022 - Traders are gearing up for a...

23.08.2022 01:07 PM

Traders are gearing up for a hawkish talk at the Jackson Hole symposium this week

Stocks in Europe and the US fell as investors worry about tighter monetary policy and weakening economic growth that may be talked about at the Jackson Hole Economic Symposium this week.

Stoxx50 declined to a three-week low, while energy stocks rose amid the possibility of OPEC production cuts.

Output in France, meanwhile, declined for the first time, mirroring a trend in Germany as Europe's largest economies suffer from record inflation and uncertainty over tensions in Ukraine. European bonds also declined.

As for the US, S&P 500 and Nasdaq 100 continued to decrease, while yields on 10-year bonds remain above 3%. Dollar also traded at a five-week high.

Obviously, traders are gearing up for a potential hawkish talk at the Jackson Hole symposium later this week. The Fed's decision to slow down the US economy in order to bring inflation down will remain a key factor in global markets.

Hedge funds, which hold a key position in the derivatives market, also made record bets that the US central bank will pursue a hawkish scenario.

The Fed is clearly having a hard time trying to contain price pressure, all while preventing a recession. In addition, the risks of global growth are very clear, from the energy crisis in Europe to real estate problems in China and Covid.

With more than $30 trillion in total US debt, a 1% hike in rates would result in a massive increase in interest payments of more than $300 billion.

Other important news this week are:

- data on US new home sales, S&P Global PMI (Tuesday);

- speech of Minneapolis Fed President Neil Kashkari (Tuesday);

- report on US durable goods, mortgage applications and pending home sales (Wednesday);

- data on US GDP and jobless claims (Thursday);

- Jackson Hole economic symposium (Thursday);

- release of minutes of the ECB meeting for July (Thursday);

- speech of Fed Chairman Jerome Powell at Jackson Hole (Friday)

- report on US personal income, PCE deflator and consumer sentiment (Friday)

You have already liked this post today

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Se você tiver alguma dúvida sobre conteúdo, por favor, entre em contato com editorial-board@instaforex.com

Stock Markets

Mais artigos deste autor

Inscrição do e-mail

EURUSD

Euro vs US Dollar

Selecionar intervalo de tempo

min

hora

horas

dia

Comece a negociar

Ganhe com as variações das taxas das criptomoedas com a InstaForex.

Baixe o MetaTrader 4 e abra a sua primeira operação.

Recommended Stories

O mercado de ações dos EUA continua crescendo

Mercado dos EUA: movimento modesto, mas positivo

Mercado acionário dos EUA em 2 de maio: S&P 500 e Nasdaq ainda lutam contra a volatilidade

Contração do PIB não impede alta em Wall Street

Mercado de ações em 30 de abril: S&P 500 e NASDAQ continuam se agarrando a qualquer notícia positiva

Mercado de ações em 29 de abril: S&P 500 e NASDAQ ainda têm potencial de crescimento

Não se deixe enganar pela recuperação do mercado de ações

Atualização do mercado de ações para 28 de abril: S&P 500 e NASDAQ interrompem seu avanço

Mercado de ações em 25 de abril: S&P 500 e NASDAQ voltam a crescer

Trump diminui a pressão sobre a China

Principais análises