{"id":55415,"date":"2023-02-10T10:42:30","date_gmt":"2023-02-10T08:42:30","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=55415"},"modified":"2025-10-13T16:27:19","modified_gmt":"2025-10-13T13:27:19","slug":"financial-data-to-move-the-markets","status":"publish","type":"post","link":"https:\/\/www.ironfx-id.com\/ja\/financial-data-to-move-the-markets\/","title":{"rendered":"\u5e02\u5834\u3092\u52d5\u304b\u3059\u91d1\u878d\u6307\u6570\u00a0"},"content":{"rendered":"

The USD remained relatively unchanged yesterday, allowing for other currencies to take the initiative. US stockmarkets were in the reds yesterday, as the Fed\u2019s hawkish talk tended to intensify market worries for a possible overtightening of the Fed\u2019s monetary policy, while the rise of US yields to their highest level since November, with the 2-year yield reaching 4.5% and tended to also contribute to the drop of US stock market indexes. It was characteristic that Richmond Fed President Barkin was reported yesterday stating that it is important that the Fed has to  \u201cstay the course\u201d, ie keep hiking rates in order to ensure that inflation slows back down to the bank\u2019s 2% target. North of the US border, CAD traders tend to focus on the release of Canada\u2019s employment data for January, and forecasts show that the employment change figure is expected to drop from December\u2019s stellar 104k to 15k and the unemployment rate to tick up to 5.1%. Despite an easing of the Canadian employment market\u2019s tightening the unemployment rate remains at low levels and the employment market seems to remain in a healthy state that could provide some grounds for BoC to hike rates should it be necessary. On the other hand though should the actual rates and figures meet their respective forecasts a slight disappointment could weaken the CAD somewhat. Across the Atlantic, hawkish talk from BoE Governor Bailey tended to support the sterling, as the Governor expressed his concerns about the risks of a persistently high inflation in the UK economy. As for financial releases we note that UK\u2019s GDP rate slowed down for Q4, remaining in the positives as expected on a year-on-year level, yet the worrying part was that the rate on a month-on-month level showed a wider contraction than expected catching analysts\u2019 eyes. Overall, we tend to maintain our worries for the cost-of-living crisis tormenting the UK economy, while we note that a continuation of BoE\u2019s monetary policy tightening could have an adverse effect on growth. Last but not least in Japan, news just emerged that the Japanese government is considering to appoint former BoJ policy board member and economist Kazuo Ueda as the next governor of BoJ. The report by   <\/a> <\/p>\n\n\n\n

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