Week Ahead Video October 8th 2023
The CPI Inflation Data to Rule the Week!
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Blake Morrow of #ForexAnalytix talks about the week ahead in #FOREX as he focuses on the CPI inflation data which everyone is waiting for this week. However, there are other event drives too, like Bank earnings on Friday, a holiday in the USA and Canada, and PPI in the USA and a ton of FOMC speakers.
Also, the BOE and ECB will also have some speaking engagements at the end of the week. It’s key that traders understand the Non-Farm payroll reaction Friday will be totally different than a reaction of “hot data” this week from inflation. Blake explains in the video.
Blake also covers the key technical developments in the S&P500, German DAX and Japan’s Nikkei.
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