Week Ahead: Flash activity indicators will either soothe or stoke growth fears

Global market volatility remained elevated this week, with large gyrations in US equity markets and short-dated European bonds. However, the still elevated levels of volatility in global markets is creating less of a haven effect on the dollar. The greenback has weakened nearly 2 points this week, as per the DXY index, but the path higher against the dollar hasn’t been easy for most G10 currencies. Next week, activity data will be key for markets that were recently roiled by recession concerns in the euro-area, UK and even the US. On top of that, Australia’s Federal election, policy decisions from the Reserve Bank of New Zealand and Central Bank of the Republic of Turkey, and the release of the Fed’s meeting sit top of mind for traders in the economic calendar.

You can read the Week Ahead in full here:

DOWNLOAD THE FULL REPORT

Authors: 

Simon Harvey, Head of FX Analysis

Jay Zhao-Murray, FX Market Analyst

Disclaimer

This information has been prepared by Monex Europe Limited, 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 Europe Limited 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.