{"id":36735,"date":"2022-10-31T06:33:00","date_gmt":"2022-10-31T06:33:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=36735"},"modified":"2022-11-02T13:39:19","modified_gmt":"2022-11-02T13:39:19","slug":"the-week-ahead-2","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/the-week-ahead-2\/","title":{"rendered":"The Week Ahead"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"36735\" class=\"elementor elementor-36735\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a80835d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a80835d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-91fd06c\" data-id=\"91fd06c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-72129c9 elementor-widget elementor-widget-text-editor\" data-id=\"72129c9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>During the week ahead the market is likely to look towards a number of key market themes and events which have the potential to indicate financial market moves.<\/p><p>The FOMC meeting headlines the economic calendar this week, while other central banks such as the Reserve Bank of Australia and Bank of England are set to deliver rate decisions.<\/p><p>Volatility is likely to ramp up after the FED decision, with bond yields, foreign exchange, and stock markets being the best financial indicator of how they take the decision.<\/p><p><strong>FOMC Meeting<\/strong><\/p><p>The FOMC rate decision is likely to be the focus point for markets this week, with 75 basis point almost a done deal. Future guidance and comments about the economy will be key.<\/p><p>Some officials are sounding the alarm that it might call for something more aggressive in December. Both Cleveland Fed President Loretta Mester and St. Louis Fed President James Bullard both suggested in October they\u2019d favour 75-basis-point increases in December.<\/p><p>Others on the Fed\u2019s rate-setting committee appear cognizant of the risks of doing too much, highlighting how the higher rates climb, the harder it could be to agree on policy.<\/p><p>Should we see more concerns about inflation and the need for aggressive rate action we are likely to see the <a href=\"https:\/\/bit.ly\/3UagSV4\" target=\"_blank\" rel=\"noopener\">US dollar<\/a> strengthen. More interesting still will be their comments about weakening US data.<\/p><p><strong>RBA Rate Decision<\/strong><\/p><p>Recently Reserve Bank of Australia suggested that the central bank still has some ways to go in order to bring its main rate into neutral territory, the level as which monetary policy is neither expansionary nor contractionary.<\/p><p>RBA Assistant Governor for Economics Luci Ellis remarks this week effectively pegged the neutral rate between 2.5% and 3.5%; currently, the RBA\u2019s main rate is 2.6%. More tightening may be ahead, but it may come in more measured increments over the next few months.<\/p><p>That could start as soon as the November RBA meeting, where rates markets are currently pricing in a 103% chance of a 25-bps rate and a 3% chance of a 50-bps rate hike.<\/p><p><strong>Bank of England<\/strong><\/p><p>Financial markets and most economists are expecting a 75 basis-point rate hike from the Bank of England this week as the central bank attempts to tame rising inflation.<\/p><p>However, due to the poor shape of the UK economy a 50-basis point rate increase seems more likely this week. \u00a0<\/p><p>More importantly, we think the Bank Rate is unlikely to go above 4% next year due to the possible collapse in the housing market. And that suggests that markets are overestimating the amount of tightening still to come.<\/p><p>This could cause a drop in the <a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\" rel=\"noopener\">British pound<\/a> and banking <a href=\"https:\/\/bit.ly\/3S5ruCW\" target=\"_blank\" rel=\"noopener\">stocks<\/a>. Traders should be careful going forward in case the central bank talk down rate action.<\/p><p><strong>NFP Report<\/strong><\/p><p>Last month the Nonfarm private payroll employment in the US increased by 260,000 in September of 2022.<\/p><p>This month the Nonfarm private payroll employment in the US is expected to have increased by 220,000. This number and an uptick in the monthly unemployment rate is not likely to spook the market.<\/p><p>We probably need to see a negative headline number to spook the market as fears of a major financial downturn would significantly increase.<\/p><p>Unemployment data from the United States is set to remain a focal point as the Federal Reserve basically feel emboldened to continue to increase rates due to the low unemployment rate.<\/p><p>This week the unemployment rate is expected to increase to 3.6%. If this comes to pass it would put mild pressure on the Fed to raise rates quickly.<\/p><p>If we see the number quickly rising it could put pressure on the US dollar as the Fed may need to tread more carefully and hike less aggressively.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>During the week ahead the market is likely to look towards a number of key market themes and events which have the potential to indicate financial market moves. The FOMC meeting headlines the economic calendar this week, while other central banks such as the Reserve Bank of Australia and Bank of England are set to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":36737,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[330,69,75,318,67],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Week Ahead - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/the-week-ahead-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Week Ahead The Week Ahead\" \/>\n<meta property=\"og:description\" content=\"During the week ahead the market is likely to look towards a number of key market themes and events which have the potential to indicate financial market moves.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/the-week-ahead-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-31T06:33:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-02T13:39:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/11\/gettyimages-583740004.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"383\" \/>\n\t<meta property=\"og:image:height\" content=\"254\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nathan Batchelor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"The Week Ahead The Week Ahead\" \/>\n<meta name=\"twitter:description\" content=\"During the week ahead the market is likely to look towards a number of key market themes and events which have the potential to indicate financial market moves.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nathan Batchelor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/the-week-ahead-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/the-week-ahead-2\/\"},\"author\":{\"name\":\"Nathan Batchelor\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\"},\"headline\":\"The Week Ahead\",\"datePublished\":\"2022-10-31T06:33:00+00:00\",\"dateModified\":\"2022-11-02T13:39:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/the-week-ahead-2\/\"},\"wordCount\":616,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"Central Banks\",\"FOMC\",\"Pound\",\"RBA\",\"US Dollar\"],\"articleSection\":[\"Opening of the Week\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/the-week-ahead-2\/\",\"url\":\"https:\/\/youtrading.com\/en\/the-week-ahead-2\/\",\"name\":\"The Week Ahead - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2022-10-31T06:33:00+00:00\",\"dateModified\":\"2022-11-02T13:39:19+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/the-week-ahead-2\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/the-week-ahead-2\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/the-week-ahead-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Week Ahead\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\",\"name\":\"Nathan Batchelor\",\"description\":\"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. Nathan previously traded for Drashta Capital, a boutique Hedge Fund based in London and Sydney, and has worked as a FX Market Analyst for a number of leading brokerages in the United Kingdom.\",\"url\":\"https:\/\/youtrading.com\/en\/author\/nathanbatchelor\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The Week Ahead - Youtrading UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/youtrading.com\/en\/the-week-ahead-2\/","og_locale":"en_GB","og_type":"article","og_title":"The Week Ahead The Week Ahead","og_description":"During the week ahead the market is likely to look towards a number of key market themes and events which have the potential to indicate financial market moves.","og_url":"https:\/\/youtrading.com\/en\/the-week-ahead-2\/","og_site_name":"Youtrading UK","article_publisher":"https:\/\/www.facebook.com\/YouTradingEnglish\/","article_published_time":"2022-10-31T06:33:00+00:00","article_modified_time":"2022-11-02T13:39:19+00:00","og_image":[{"width":383,"height":254,"url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/11\/gettyimages-583740004.jpg","type":"image\/jpeg"}],"author":"Nathan Batchelor","twitter_card":"summary_large_image","twitter_title":"The Week Ahead The Week Ahead","twitter_description":"During the week ahead the market is likely to look towards a number of key market themes and events which have the potential to indicate financial market moves.","twitter_misc":{"Written by":"Nathan Batchelor","Estimated reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/youtrading.com\/en\/the-week-ahead-2\/#article","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/the-week-ahead-2\/"},"author":{"name":"Nathan Batchelor","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab"},"headline":"The Week Ahead","datePublished":"2022-10-31T06:33:00+00:00","dateModified":"2022-11-02T13:39:19+00:00","mainEntityOfPage":{"@id":"https:\/\/youtrading.com\/en\/the-week-ahead-2\/"},"wordCount":616,"publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"keywords":["Central Banks","FOMC","Pound","RBA","US Dollar"],"articleSection":["Opening of the Week"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/youtrading.com\/en\/the-week-ahead-2\/","url":"https:\/\/youtrading.com\/en\/the-week-ahead-2\/","name":"The Week Ahead - Youtrading UK","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/#website"},"datePublished":"2022-10-31T06:33:00+00:00","dateModified":"2022-11-02T13:39:19+00:00","breadcrumb":{"@id":"https:\/\/youtrading.com\/en\/the-week-ahead-2\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/youtrading.com\/en\/the-week-ahead-2\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/youtrading.com\/en\/the-week-ahead-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/youtrading.com\/en\/"},{"@type":"ListItem","position":2,"name":"The Week Ahead"}]},{"@type":"WebSite","@id":"https:\/\/youtrading.com\/en\/#website","url":"https:\/\/youtrading.com\/en\/","name":"Youtrading UK","description":"Leaders in Trader Training","publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/youtrading.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/youtrading.com\/en\/#organization","name":"YouTrading","url":"https:\/\/youtrading.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","contentUrl":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","width":2531,"height":570,"caption":"YouTrading"},"image":{"@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/YouTradingEnglish\/","https:\/\/www.instagram.com\/youtrading_english\/","https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg"]},{"@type":"Person","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab","name":"Nathan Batchelor","description":"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. Nathan previously traded for Drashta Capital, a boutique Hedge Fund based in London and Sydney, and has worked as a FX Market Analyst for a number of leading brokerages in the United Kingdom.","url":"https:\/\/youtrading.com\/en\/author\/nathanbatchelor\/"}]}},"_links":{"self":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/36735"}],"collection":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/comments?post=36735"}],"version-history":[{"count":0,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/36735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media\/36737"}],"wp:attachment":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media?parent=36735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/categories?post=36735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/tags?post=36735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}