Market Storm by Data


Market Storm by Data


Market Storm by Data, A bright start for the dollar this week as well,

as jobs data contributed to inflation losing its grip on the table while confirming the Fed’s view of continuing the hawkish path while giving them an excellent opportunity to raise interest rates by another 75 basis points by next November during the monetary policy meeting.



While the euro fell
As for the United Kingdom






While the euro fell

Market Storm by Data, during the past week, the sterling regained its strength again after receiving the good news

that contributed to its significant progress,

especially after the turmoil that the market was going through during the previous period

that almost pushed it to the bottom of a historical base,

while the yen recorded a significant decline against the dollar and

reached the bottom It has not been achieved since the 1990s and the main reason for this was the tightening of the

Fed policy with the rate hike which was met by the Bank of

Japan adopted support and intervention policies that did not work

and caused the yen to decline during the last week.


It seems comfortable for the US dollar, but it is the recent

OPEC decisions that cause significant inconvenience,

as the reduction in production quotas and the ban on

gasoline exports announced by Biden may create a crisis that coincides

with and supports inflation and leads to an increase in fuel prices in general,

which has the consequence It has to rise in the prices of many commodities,

which makes raising interest rates again and the continuation of the strict policies inescapable.

Traders have also priced the Federal Reserve raising interest rates next year,

and it should be noted that geopolitical events may keep inflation rates high.

There is no doubt that Federal will continue his career without retreat.





These policies contributed to reducing the appetite of the American consumer,

as September recorded the largest price increases in the consumer market in

line with the decisions of the Federal Reserve,

which aspires to slow the economy temporarily to fight inflation,

and overall sales stabilized while the basic figure advanced by only 1%.

Since the retail sales data was not adjusted according to inflation rates,

the report indicates a decline in real spending during the month,

despite recording sharp growth, but retail sales rose by 8.2% at the annual level,

which may correspond to the rise in the consumer index during the coming period.


The core index, which excludes foodstuffs and energy,

increased by about 7.2% over the year and 0.3% in September.

The producer price index also increased by .04% compared to August,

where it rose by 8.5 on an annual basis, despite the rise in energy, services, and food costs.

The index also flourished. Producers in the services sector are strongly promising to show signs of growth.



As for the United Kingdom

Market Storm by Data – The new prime minister, Liz Truss,

demanded the dismissal of the chancellor last week,

indifferent to the economic situation as the spectre of peak inflation

has become one of the most vexing concerns of Bank of England Governor Andrew Bailey,

and Quarting made a statement in late September about tax cuts

that quickly turned into an economic and political catastrophe.

The mini-budget included a plan to cancel the proposed tax increase

from 19% to 25% – with a value of up to eighteen billion pounds.


But for everyone to taste honey, you must take your luck from a bee sting.

These decisions have hurt some trends. Government bond prices have fallen,

which forced the Bank of England to intervene for two weeks after it

was informed that several investment funds loaded with commitments as part of a program

Pensions were hours away from collapsing,

as Terrace managed to calm the markets with a press conference,

explaining that the mini-budget it set went quickly, contrary to expectations.

At the press conference, the UK economy disappointed expectations of contraction in August,

after the cost-of-living crisis led to a sharp decline in industrial production and consumer prices,

indicating that the economy may already be in the doldrums and maintenance of the North Sea gas fields had to have a major impact. On the decline, as the domestic production decreased by about 0.3% during August,

it seems that the order to raise the interest rate by 75 basis points again has become long-term.

All events do not bode well for the future, Recover from inflation in the near term.