Central Banks to remain cautious | BDSwiss Market Moves on MT4

-Central Bank Speak Following a wave of stronger than expected inflation data central bankers are likely to remain cautious, as outlined yesterday by ECB President Christine Lagarde. She suggested that any interest rate cuts from the ECB will be dependent upon confirmation that inflation is definitely trending lower a theme echoed by her UK equivalent, Andrew Bailey the BOE Governor, in testimony to the UK’s House of Lords. -China Economy Data from the world’s second largest economy continues to disappoint, and local stock markets taking a pounding, the shadow bank and commercial property sectors remain very much in focus. This has had ripple effects on the wider Asian markets. Most countries have started the year in particularly poor form with their worst 3 week run of a new year since 2016. -Red Sea Issues The Houthi missile attacks in the Red Sea show no sign of stopping as the rhetoric on both sides remains elevate. major shipping & logistics group, Maersk said yesterday that they anticipated that disruption would last at least a “few months“ at the same time announcing a tie up with major rival Hapag-Lloyd form 2025. -Market Talk The Greenback remained on the front foot with USDJPY hitting , yesterday, EURUSD under and Cable under . The USD has since cooled but is still in demand, US 10yr Yields hold over % today ahead of US Building Permits, Housing Starts and Weekly Unemployment claims. Mixed news for the worlds biggest company Apple, it lost it’s crown to Microsoft, (for now at least) but it over took Samsung as the world’s largest retailer of smartphones. Apple close down % yesterday. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: • Follow us on Twitter: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.