العقود مقابل الفروقات أدوات مالية معقّدة وتنطوي على مخاطر عالية قد تؤدي إلى خسارة الأموال بسرعة بسبب الرافعة المالية. ينبغي عليك التأكّد مما إذا كنت تفهم كيفية عمل العقود مقابل الفروقات، وأنك قادر على تحمّل المخاطر العالية المترتّبة على خسارة أموالك.
May 31, 2023
June 2023 EVENTS
April's ISM Manufacturing PMI printed at 47.1. The consensus forecast for May is 48.
Possible influence: Volatile US Dollar, Gold and US Stocks
The Unemployment rate for April was 3.4%. It is expected to rise to 3.5% for May. Non-Farm Payrolls are expected to fall to 180,000 for May, lower than April’s figure of 253,000.
Possible Influence: Volatile US Dollar, Gold and US Stocks
OPEC and Non OPEC Ministers will meet to discuss the state of the oil market and whether to continue the current OPEC deal.
Possible Influence: Volatile Brent and Crude Oil (WTI) prices
The RBA will meet to decide on interest rates. The current rate is 3.85%.
Possible Influence: Volatile Australian Dollar
The Bank of Canada will meet to set interest rates. They are currently 4.5%. The forecast is that the rate will remain unchanged at 4.5%.
Possible Influence: Volatile Canadian Dollar and Canadian Stocks
Core CPI (excluding food and energy) was 5.5%, Year-over-Year in April. May’s Core CPI is expected to fall to 5.4%, Year-over-Year. Top-line CPI for April came in at 4.9%, Year-over-Year and the forecast is a drop to 4.7%, Year-over-Year, in May.
Possible Influence: Volatile US Dollar, Gold and US Stocks
The US Federal Open Market Committee of the U.S Federal Reserve will conclude its 2-day meeting to decide on interest rates. The current rate is 5.25% after the bank hiked rates by 25 basis points in May. Most analysts are now expecting a 25 basis point increase to 5.50% this month.
Possible Influence: Volatile US Dollar, Stocks, and Commodities
The European Central Bank will meet to discuss interest rates. They are currently at 3.75% and are forecasted to be increased to 4%.
Possible Influence: Volatile Euro and European Stocks
Retail Sales rose 0.4 %, Month-over-Month, in April. Retail Sales for May are expected to rise 0.5%, Month-over-Month.
Possible Influence: Volatile US Dollar, Gold and US Stocks
The Bank of Japan will meet to set its interest rates. The current rate is -0.10% and is expected to remain the same level.
Possible Influence: Volatile Japanese Yen
The Monetary Policy Committee of the Bank of England will meet to decide on interest rates. Following last month’s 25 basis point hike the current rate is 4.50%. It is expected to raise interest rates again this month.
Possible Influence: Volatile British Pound and British Stocks
The final reading of 1st Quarter GDP in the United States is expected to come in at 1.3%. The 4th Quarter’s final GDP reading was 2.6%.
Possible Influence: Volatile US Dollar, Gold and US Stocks
The last of the 1st Quarter earnings are reported in June along with a couple of early reporters for the following quarter. Companies reporting include Chargepoint, Zscaler, NIO, Oracle, Adobe, FedEx, Nike, Walgreens Boots Alliance, and Micron Technology.
Possible Influence: Volatile US Stocks
The War in Ukraine continues with no sign of peace in sight. Ukraine is expected to begin its long awaited counter-offensive in June.
Possible Influence: Volatile US Dollar, Natural Gas, Wheat, Volatile Russian Ruble, Gold, Oil, Palladium, and US Stocks
The United States is expected to run out of money to fund all of its operations and debts around June 5, 2023 without an increase in the debt ceiling. President Biden and House Speaker McCarthy struck a deal the last week of May that still requires COngressional approval in both the House and Senate. The votes are expected to take place in the first few days of June.
Possible Influence: Volatile US Stocks, Currencies, Gold