interest rates

In the realm of economic policy, discussions surrounding monetary management often gravitate towards the contrasting approaches encapsulated by the terms "hawkish" and "dovish." These labels, though seemingly dichotomous, serve as vital indicators of the strategies employed to steer economic stability and growth. While their connotations may imply notions of assertiveness and restraint, respectively, their true significance lies in their profound implications for the economic landscape.

Central Banks seldom make their presence felt in the forex market, and when they do, it often suggests significant economic vulnerabilities within a currency. Typically, central bank interventions are prompted by crises, whether it's an authentic economic downturn akin to the 2008 crisis or the Euro crisis, or a scenario where a currency faces the brunt of speculative attacks.

Key events: USA - FOMC Member Daly Speaks USA - FOMC Member Mester Speaks USA - FOMC Member Bostic Speaks  UK - BoE Gov Bailey Speaks       On Friday, US stocks showed little change and ended the week with a downward trend as investors analyzed a range of data released at the beginning of the month. This data seemed to bolster confidence in the stability of the US economy, leading to expectations that interest rates may remain elevated for an extended period.

Key events: USA - Core CPI (MoM) (Apr) USA - CPI (MoM) (Apr) USA - CPI (YoY) (Apr) USA - Crude Oil Inventories S&P 500 daily chart

Swaps help all market participants to enter into contracts that will be profitable in a particular situation. They reduce the risk of market transactions and can increase potential profits. Apart from that investors use different types of swaps to hedge risks and increase trading efficiency in the stock market. What they are and how they work - in the article.

Key events:   UK – Construction PMI (Oct) Eurozone – ECB President Lagarde Speaks      USA – Nonfarm Payrolls (Oct)   USA – Unemployment Rate (Oct)   Canada – Employment Change (Oct) Canada – Ivey PMI (Oct)   Bank of England (BoE) aggressively raised its policy rate by 75 basis points to 3.00% in yesterday's monetary policy announcement.