Inflation Will be “Sticky” at 4%!
Richard Matthews from Pardus FX meets with Blake Morrow to discuss the markets as we kick off 2023.
He’s looking for #inflation to come down, but 4% he is expecting it to be “Sticky” therefore central banks will have to keep #rates high.
He also thinks China reopening will be inflationary for the world.
He thinks being short #GBP against EURUSD still makes sense, and portfolios to stay long mostly US Dollars.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Richard_Matthews #BoE #GBP #PardusFX #fomc #ecb
//SPONSOR – EIGHTCAP ✅ https://www.eightcap.com/en/?cxd=36247_377587
Eightcap was founded in Melbourne, Australia, in 2009 with a simple, clear mission: to provide exceptional financial services to their clients. The broker is committed to building a home for MT4 and MT5 traders. This fundamental principle remains at the core of everything they do at Eightcap, and they believe staying true to it is pivotal to their success. Now with five offices across the globe and regulation in multiple locations, they provide clients worldwide with the ability to trade on a broad range of markets across FX, Indices, Cryptos, Commodities and Shares.
They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.