The week starts on mixed sentiment, as US futures are down, and the US dollar is up this morning. A mixture of micro and macro events will set the tone for this week and onward, as the earnings season kicks off this week, and the latest US inflation figures will be released, as well. On the macro front, the US inflation data is expected to print on Wednesday a further advance to 8.8% in June, from 8.6% printed a month earlier. But some factors hint that inflation may have eased, or will start easing soon.

On the micro front, earnings season kicks off to give a concrete insight on how well the US companies deal with rising inflation and stronger US dollar, while some retailer events will give an insight on how consumers feel about spending in the actual rising inflation environment. In the FX, the US dollar extends its steep rally. The EURUSD almost hit parity last Friday, and is again under pressure this morning. The yen is also weakening as the ruling coalition in Japan extended a majority in last weekend’s upper house elections. The current government is up for more fiscal easing, while the Bank of Japan (BoJ) doesn’t seem in hurry to tighten its purse’s strings.

Watch the full episode to find out more!

• 0:00 Intro
• 0:19 Market update
• 3:27 Could we see a soft surprise at this week's US CPI release?
• 7:10 Earnings season kicks off with big US banks!
• 9:11 US dollar strengthens, euro eyes parity, yen down

Ipek Ozkardeskaya

Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020. #inflation #earnings #season #NFP #jobs #unemployment #data #USD #EUR #JPY #China #covid #crude #oil #topselling #dipbuying #Bitcoin #SPX #Dow #Nasdaq #investing #trading #equities #stocks #cryptocurrencies #FX #bonds #markets #news #Swissquote #MarketTalk #marketanalysis #marketcommentary _____ Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr _____ Discover our brand and philosophy: https://swq.ch/wq Learn more about our employees: https://swq.ch/d5 _____ Let's stay connected: LinkedIn: https://swq.ch/cH