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Dollar Volatility Rises as Markets Fear a U.S. Recession Again | Daily Market Analysis
Key events:
BIS Forecasts Coming Deterioration in Capital Markets | Daily Market Analysis
Key events: Canada – BoC Interest Rate Decision USA – Crude Oil Inventories The Bank for International Settlements (BIS) is worried about various problems, thereby sparing our local central banks from this excitement. The immediate concern at the BIS is that central banks will have to conduct anti-crisis measures in markets suffering from rising interest rates, which will diminish the effect of efforts to curb inflation, leading to shrinking monetary liquidity and debt portfolios.
What the Elections Hold for Markets | Daily Market Analysis
Key events: USA – Crude Oil Inventories One can`t but be concerned about the midterm elections, right? Worrying about what the makeup of the U.S. Congress will be after the election is always present. Curiously, the stock market usually drops during the period until the first Tuesday after November 1 in election years, but then rises sharply until the second quarter of the following year.
Daily Market Analysis | Euro Slumps to Two-Decade Lows Against Dollar as Energy Crisis Bites
Key events: United States - ISM Non-Manufacturing PMI (Aug) UK - Construction PMI (Aug) Australia - GDP (QoQ) (Q2) Moscow's halt to gas supplies has exacerbated Europe's energy emergency, causing the euro to plunge to a new 20-year low. OPEC will meet with Russia to discuss its production strategy in October. Britain will have a new prime minister. Volkswagen is set to approve an IPO for Porsche, freeing up funds to finance its electrification ambitions. Here's what you need to know about the financial market on Tuesday, September 6.