Financial Trading
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After the Thanksgiving lull, the economic calendar swings back into gear with a raft of tier-one data. The highlights include Eurozone inflation, manufacturing PMIs and a crucial Nonfarm Payrolls.
Risk appetite has taken another leg lower this morning amid news out of Russia where Putin announces an escalation in the Ukraine war. Euro assets are being hit and the USD is again outperforming. This comes as the Fed meeting is also being eyed.
It is another crucial FOMC meeting this week, but the Fed is not the only central bank in town. Interest rate decisions for the PBoC, SNB, BoJ and the delayed BoE meeting will also be important for major markets. We consider the potential market impact.
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