[GVI Forex 2]

Swiss govt released revised economic forecasts

2024 CPI lowered to 1.5% vs prior 1.9%

This comes ahead of the SNB rate decision on Thursday

See details in Week Ahead. Preview

[GVI Forex 2]

Newsquawk Week Ahead March 18-22nd

MON: Chinese Retail Sales (Feb), EZ Final CPI (Feb)

TUE: BoJ Announcement, RBA Announcement; German ZEW Survey (Mar), Canadian CPI (Feb)

WED: FOMC Announcement, PBoC LPR, BCB Announcement, CNB Announcement, BoI Announcement, Japan Market Holiday (Vernal Equinox Day); UK CPI (Feb), New Zealand GDP (Q4)

THU: BoE Announcement, SNB Announcement, Norges Announcement, CBRT Announcement, European Council Meeting; EZ/UK/US Flash PMIs (Mar), US Philly Fed (Mar), New Zealand Trade Balance (Feb), Japanese CPI (Feb).

FRI: Japan’s Rengo (labour union) 2nd Pay Tally, CBR Announcement, European Council Meeting; Australian Jobs Report (Feb), UK Retail Sales (Feb), German Ifo Survey (Mar)

Click below for an in-depth analysis by Newsquawk

Newsquawk Week Ahead March 18-22nd – Highlights include: FOMC, BoJ, RBA, BoE, SNB, China activity data, PBoC LPR & Nvidia GTC

[Belgrade Bobby]

NVIDIA – Whole planet talks about it….it is Viral…it is Hysterical

Even my wife asking about it ( and she couldn’t give a **** about it ) …my younger daughter asks about it ( at least she is just worried if the price for her next generation graphic card will go up )

Till yesterday it was Gold – half a planet bought it on the top….

Now the other half will buy NVIDIA stocks …on the top

Me….I don’t give a flying ****….EUR goes up, EUR goes down…that makes my day…

[Mtl JP]

I chuckled at the disproportionality
–
cnbc f/page:
Nvidia shares pop 16% after AI-fueled bumper earnings
3 surprises from Nvidia earnings help justify a one-day $250 billion boost to its market value

Tax evasion by millionaires and billionaires tops $150 billion a year, says IRS chief

[Mtl JP]

animal spirits unchained
–
US 10-YR 4.309% -0.014

SnP looking to hit new record, Nazdaq looking to pop up 350 pts …

nvidia up now 14%

[Mtl JP]

monedge – players appear more idle than not ahead of aft’s minutes and nvidia report AFTER the bell hahaha.
you have to appreciate player sentiment in face of streched run … like everyone in a theater eyeballing exits just in case the crowd starts to rise and head for exits . I love tentions like this

re DLRx … dlr has low steam pressure in the tank. imo for it to rally it ll need some more new awsome incoming data.

in the meantime minutes will be made to make players still think that yes rate cuts are coming, just not yet anytime soon aaka May, and just waiting for more convincing data. so tame your horse, ya hear ?

[Mtl JP]

froth fear greed
–
Over half of the gains in the S&P 500 so far this year can be ascribed to just three stocks: Microsoft, Meta (aka Facebook) and Nvidia.

[Mtl JP]

according to
Reuters
Marketmind: Markets wait on Nvidia, Fed minutes

according to
Bloomberg
Hedge Funds Cut Magnificent Seven in Last Quarter, Goldman Says