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Market Outlook for the Week of 02 - 06 October

Last week inflation data for the eurozone came in weaker than expected, giving a glimpse of hope that it will continue to drop in the near future. However, overall inflation remains elevated and the rising energy prices might exert additional pressure in the coming months. That said, the ECB is likely to keep rates on hold at the next meeting.This week will start light with a bank holiday in Australia and Canada. On Monday in the U.S. the focus will be on the ISM Manufacturing PMI and ISM Manufa... Read More

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Market

Outlook

Week

October

Forex

Posted: Oct 2 2023, 06:35

Author Name: forexlive

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