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The DXY is on a 8 week winning streak
Episode 8918th September 2023 • Two Blokes Trading • Rory & Jonathan! (Two Blokes Trading)
00:00:00 00:24:29

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In this episode, Jonatan and Rory discuss how the DXY is on a 8 week winning streak, could it make a ninth?

The blokes analyse some last weeks action in markets including, the US CPI print coming in hotter than expected along with the influence it had on Equities and FX pairs last week, plus the impact it could have on the FOMC this Wednesday.


The Blokes also talk about how the ECB increased rates another 25bps to 4% and signalled to the market that they are likely done while they also revised up inflation forecasts, while lowering growth for 2023 and 2024.


This week in markets, the Fed interest rate decision is on Wednesday night and Rory talks us through what to listen out for including, what their inflation forecast will look like, what the FOMC expects in terms of growth, as well as their expectations of interest rates within the speeches and the all-important Dot Plot.


EU stocks have dropped off following the decline on wall street on Friday and Société general dropped 11% after the bank cut its outlook on profitability.


The Blokes also offer their thoughts on the BOE interest rate decision due on Thursday & the effect this could have on the GBP/USD pair! Goldman Sachs expect it to be the last hike. Some expect FTSE100 to lag global stocks next year however with the index already undervalued and oil prices increasing, could the giants such as BP and Shell look to hold the index higher?


Rory and Jonatan also talk through Netflix and United Airlines & why these two stocks are on their watchlist for this week.


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