Podcasts

The U.S. Dollar is strengthening against G10 currencies ahead of key Fed speeches today and tomorrow’s U.S. CPI data and global central bank decisions. Oil prices surged over two percent due to a U.S. blockade on Venezuela. The British Pound is under pressure from weak consumer price data and manufacturing outlooks, with the Bank of England expected to cut rates by twenty-five basis points. The Japanese Yen is down as traders anticipate a twenty-five basis point rate hike by the Bank of Japan, despite positive trade and machinery data. Key events this week include central bank meetings from the ECB, BOE, Banxico, and BOJ.