The OPEC JMMC meeting was extended from 2nd July to 5th July. There should be limited impact on stocks. As for PMI and FOMC Meeting Minutes, expect the dollar index to take a long term view of the Fed -which is hawkish.
Category: High Impact Event Alerts
High Impact Events – July 2021 Week 1 #debt #default #inflation
This week's events are just a prelude to what is coming up the rest of the month. I have already rebalanced my portfolio , have you ?
High Impact Events – June 2021 Week 4
The only high impact events for this coming week would be when Powell is due to testify on the Fed’s emergency lending programs and current policies before the House Select Subcommittee on the Coronavirus Crisis, via satellite; The testimony usually comes in 2 parts: first he reads a prepared statement (a text version is made …
High Impact Events Update – June 2021 Week 3 #FOMC
As expected , the fed has maintained its dovish stance for tapering of assets and maintain its short term interest rate near 0%. However it has brought forward expected rate hike from 2024 to 2023. The so-called dot plot of individual member expectations (FOMC projections) pointed to two hikes in 2023. Based on the two …
Continue reading High Impact Events Update – June 2021 Week 3 #FOMC
High Impact Events – June 2021 Week 3 #FOMC
The most high impact event of the month happens this coming week on 17 June 2021. The FOMC Economic Projections is when the individual members of the FOMC (Federal Open Market Committee) gives their projections and the MSM will look for indications of earlier tapering of assets from the projections. The Federal Reserve Chairman (Powell) …
Continue reading High Impact Events – June 2021 Week 3 #FOMC
High Impact Events Update – June 2021 Week 2
As expected, the CPI for May 2021 was bound to be higher q over q . What did you expect ? There's lot of pent up demand and the global supply chain is lagging behind especially so for semiconductors which are needed for a whole host of IT devices needed for WFH arrangements! If you …
Continue reading High Impact Events Update – June 2021 Week 2
High Impact Events – June 2021 Week 2
There is only 1 high impact USD event this week on 10 Jun. The CPI announcement should not have any adverse impact on Equities unless there is a freak result which may spook Mr Market. Barring no surprises, this week should be pretty calm
High Impact Events Update – June 2021 Week 1
There was no correction or major sell off after all ! Actual NFP and Unemployment rate were both below forecast even though NFP was higher than previous month. The results aligned with the hawkish mood pre 4 Jun announcements. Already Equities have turn bullish upon receiving the news. To The moon !
High Impact Events – June 2021 Week 1
June 2021 Week 1 - 6 high impact USD events. need to pay special attention to 4 June. i see 3 red flags here Fed Chair Powell Speaks -Anything less than hawkish will definitely cause the topic of increasing interest rates to appear again. Not good for Equities if that happensNon-Farm Employment ChangeImportant announcement for …