Week's market ( 30 Jan - 3 Feb)

We are going to see cautious mode in financial markets during this week.  The release of earnings for a list of companies is expected to be issued by the related companies.  As there is nothing to move markets into any rapid moves but a major abrupt incident in global scenario could move them into any direction depending on affects of that specific event. Presently, there is a negative trend in the financial markets.

The U.S economy is moving to a better position in a slow and steady way. Some of the indexes were in negative trend but overall economic activity is expected to remain in a positive indication this week. The orders for durable goods are more than expected.

The U.K stocks are moving down in their gains after two week strong gains in stock markets.  The cautious attitude is suggested for equity markets during this week. Stephen Hester is concerned to leave its position in major state lending bank over bonus pullover.

The Greece government is quite confident to sign debt-swap deal with its private lenders in the running week and it would play its positive role in European economies to settle debt crisis.

The IAEA inspectors are in Tehran but there is a bill being drafted to impose ban on oil exports to European countries. If it happens it will add fuel to the worse European situation.

EURO/USD                                    

This week is very promising as new Greece developments are taking place. The economic conditions are stable in U.S economy and it will further consolidate dollar in the market. The European economies have still worse things to see. So we see a positive change in this pair for the week.

USD/JPY

We are expecting a neutral phase of exchange rate for this pair in this week.  As U.S dollar is going to stabilize further in forex and Japanese economy does not seem to have any quick moves in this week.

More Articles:

More Articles:

1. Week's Market (30 Jan - 3 Feb)
2. Week's market ( 23 Jan - 27 Jan)
3. Week's Market (9 Jan 13 Jan)
4. Week's Market (16 Jan -20 Jan)
5. Week's Market (2 Jan -6 Jan)