Learn To Trade
 
Indicators & Chart Patterns

Deepen your knowledge of technical analysis indicators and hone your skills as a trader.

Find your detailed guides here
Trading Glossary

From beginners to experts, all traders need to know a wide range of technical terms. Let us be your guide.

Learn more
Knowledge Base

No matter your experience level, download our free trading guides and develop your skills.

Learn more
Learn To Trade

Trade smarter: boost your skills with our training resources.

Create a live account
Market Analysis
 
Market News

All the latest market news, with regular insights and analysis from our in-house experts

Learn more
Economic Calendar

Make sure you are ahead of every market move with our constantly updated economic calendar.

Learn more
Technical Analysis

Harness past market data to forecast price direction and anticipate market moves.

Learn more
Live Webinars

Boost your knowledge with our live, interactive webinars delivered by industry experts.

Register now
Special Reports

Engaging, in-depth macroeconomic analysis and expert educational content from our in-house analysts

Learn more
Market Analysis

Harness the market intelligence you need to build your trading strategies.

Create a live account
Partnership
 
Affiliate Programme

Grow your business and get rewarded. Find out more about our Affiliate Programme today.

Learn more
Money Manager

Increase your income and get compensated for your trading knowledge with ThinkInvest, putting you in control.

Learn more
Introducing Broker

ThinkMarkets ensures high levels of client satisfaction with high client retention and conversion rates.

Learn more
White Label

We supply everything you need to create your own brand in the Forex industry.

Learn more
Regional Representatives

Partner with ThinkMarkets today to access full consulting services, promotional materials and your own budgets.

Learn more
Partnership

Plug into the next-gen platforms and the trades your clients want.

Partner Portal
About ThinkMarkets
 
Liverpool FC Sponsorship

ThinkMarkets is the Official Global Trading Partner of Liverpool FC

Learn more
About Us

Find out more about ThinkMarkets, an established, multi-award winning global broker you can trust.

Learn more
Careers

Discover a range of rewarding career possibilities across the globe

Apply now
Security of Funds

Security of your funds is our number one priority. We safeguard our Client funds in top tier banks.

Learn more
ThinkMarkets News

Keep up to date with our latest company news and announcements.

Learn more
Trading Infrastructure

When it comes to the speed we execute your trades, no expense is spared. Find out more.

Learn more
Contact Us

Our multilingual support team is here for you 24/7.

Learn more
About ThinkMarkets

Global presence, local expertise - find out what sets us apart.

Create a live account
Create account

Week Ahead Preview 19th of December

Mahmoud Alkudsi Mahmoud Alkudsi 19/12/2022
Week Ahead Preview 19th of December Week Ahead Preview 19th of December
Week Ahead Preview 19th of December Mahmoud Alkudsi
 
Markets will have a light economic calendar in the week ahead of the Christmas holidays. This will give investors the time to digest the last week’s central banks meetings updates and to think about their portfolios in 2023 to overcome the difficulty of finding where to invest.
 
The FOMC hiked rates by 50bp last week taking the cash rate to a 15-year high at 4.5% and 17 out of the 19 members expected that the US interest rates would be above 5% by the end of 2023. The Fed Chair welcomed the fall in inflation levels in October and November nonetheless, Powell highlighted that the central bank’s monetary policy is not at sufficiently restrictive policy yet and for that reason, he expected that the ongoing hikes would be appropriate.
 
The ECB board members hiked rates by 50 bp last week and hinted that there might be more hikes of 50 bp in the upcoming meetings, and while other central banks have started to slow down their rate hike pace, the ECB policy may stay tight for a while and take the European economy to a restrictive territory on the back of the Eurozone CPI high levels (10.1% in November).        
 
The Bank of England hiked the rate by 50 bp last week taking the UK interest rate to 3.5%. The new policy statement contained some dovish signals as the committee expected the rate to peak at 4% hinting at another 50 bp hike in February followed by a rate hike pause the MPC nonetheless, warned that it could act if required.
 
Most US major indices closed in the red on Friday as investors did not like the Fed’s hawkish message. The US dollar recovered its losses and the Gold closed below the $1800/oz threshold. The oil price bounced back on better demand as China seemed to abandon the Covid Zero policy and the Biden administration plans to refill the US strategic reserves.   
  
Economic data highlights 
 
Monday 19th of December 
 
  • USD- NAHB Housing Market Index (DEC)
 
 
Tuesday 20th of December 
 
  • RBA Meeting Minutes
  • BoJ Interest Rate Decision
  • CAD- Retail Sales (OCT)
  • USD- Building Permits (NOV)
  • EUR- Consumer Confidence Flash (DEC)
 
Wednesday 21st of December  
 
  • EUR- GfK Consumer Confidence (Germany-JAN)
  • CAD- Inflation Rate (NOV)
  • USD- CB Consumer Confidence (DEC)
  • USD- Crude Oil Inventories
 
Thursday 22nd of December 
 
  • GBP- GDP Growth Rate Final 
  • USD- GDP Growth Rate (Q3)
  • USD- Core PCE Prices (Q3)
 
Friday 23rd of December  
 
  • JPY- Inflation Rate (NOV)
  • CAD- GDP Growth Rate
  • USD- PCE Price Index (NOV)
  • USD- Durable Goods Orders MoM (NOV)
  • Michigan Consumer Sentiment Final (DEC)
 
 
 
Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.

Related articles:

Gold touches nine-month high on recession fears

By Agnes Lovasz

20/01/2023

Gold soars on slowing US inflation

By Agnes Lovasz

13/01/2023

Week Ahead Preview 9th of January

By Mahmoud Alkudsi

09/01/2023

Gold begins 2023 on front foot as climax in F...

By Agnes Lovasz

06/01/2023

Gold seen ‘stable but positive’ in 2023 as ra...

By Agnes Lovasz

03/01/2023

Meet our contributors
Carl Capolingua
×
Carl Capolingua
Market Analyst, Melbourne

Carl has over 20 years' experience in financial markets and has held senior analyst roles at a number of financial institutions. Specialising in Australian and US stock markets in particular, Carl uses a top-down approach to assess the global macro picture before using both technical and fundamental techniques to select stocks. He regularly appears as an expert commentator on a number of media outlets throughout the Asia-Pacific region.
 
 
 

Lesego
×
Lesego Mthombothi
Market Research Analyst, South Africa

Lesego Mthombothi is an experienced market research analyst and investment professional who proudly holds an honours degree in investment management and completed her CFA level 1.
 
 
 

Mahmoud Alkudsi
×
Mahmoud Alkudsi
Chief Markets Analyst, MENA

Mahmoud is a market analyst, with over a decade of experience in financial markets. He follows main market movers and tracks their effect on the price chart. Mahmoud mixes technical and fundamental tools with a deeper focus on the technical side, and with his wide experience in providing educational and guidance materials to all levels of traders, he helps them in making informed trading decisions. Before joining ThinkMarkets, Mahmoud was head of market research departments in different reputed financial companies, where he provided market analysis for a variety of asset classes, including FX, equities, indices, and commodity futures. As an experienced market commentator, he was hosted by too many print and broadcast media, including not limited to Sky News Arabia, France 24, Alarabyia, Alsharq-Bloomberg, and CNBC Alarabyia to discuss key risk events their clear impact on the price action. Mahmoud holds a Master of Business Administration (MBA) from Cardiff Metropolitan University of Wales, UK, and speaks Arabic, English, and Spanish.

Shawn
×
Shawn Lee
Market Analyst, Malaysia

Shawn Lee has over eight years of experience in the financial market as a market analyst. Shawn provides market key insights and trade ideas through the market and technical analysis. He also held trader roles and guided traders in maximising one’s trading success.

Carl Capolingua
Carl Capolingua
Carl has over 20 years' experience in financial markets and has held senior analyst roles at a number of financial institutions.
Lesego
Lesego Mthombothi
Lesego Mthombothi is an experienced market research analyst and investment professional who proudly holds an honours degree in investment management and completed her CFA level 1.
Mahmoud Alkudsi
Mahmoud Alkudsi
Mahmoud is a market analyst with over a decade of experience in financial markets. Mahmoud mixes technical and fundamental tools with a deeper focus on the technical side, and has experience in providing guidance to all levels of traders.
Shawn
Shawn Lee
Shawn Lee has over eight years of experience in the financial market as a market analyst. Shawn provides market key insights and trade ideas through the market and technical analysis. He also held trader roles and guided traders in maximising one’s trading success.
Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Back to top