Stocks Preparing for Big Earnings Week! – Orbex Forex Trading Blog

An event to watch out for today: 16:00 EET. USD – CB Consumer Confidence EURUSD: The Euro-dollar pair is holding near 1.0810 amid consolidation in the US Dollar (USD) at the start of the Asian session on Tuesday. Growing expectations of a slowdown in the pace of rate cuts by the US Federal Reserve (Fed)…

Prior +2.0% Core CPI +2.4% vs +2.3% y/y prelim Prior +2.3% The final revision sees core annual inflation tick a little higher in September. Once again, this just reaffirms the current stance by the ECB to keep policy on hold through to year-end at least. This article was written by Justin Low at investinglive.com. Source…

The Japanese yen is lower for a fourth straight trading day and has declined 2.1% during that time. In the North American session, USD/JPY is trading at 155.85 up 0.25% on the day. Japan GDP expected to decelerate in Q3 The markets are braced for a sharp slowdown in third-quarter GDP, which will be released…

With Fed policymakers still mildly concerned about the U.S. labor market, will the upcoming NFP report tip the scales back in favor of more easing? Or are we about to see a major upside surprise that could further dampen rate cut hopes? Here’s what to expect when trading the September NFP release. This…

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday November 12th and shows a quick view of how large market participants (for-profit speculators and commercial traders) were positioned in the futures markets….