{"id":10244,"date":"2024-01-08T07:45:13","date_gmt":"2024-01-08T07:45:13","guid":{"rendered":"https:\/\/www.vtmarkets.net\/?p=10244"},"modified":"2025-02-22T08:11:33","modified_gmt":"2025-02-22T08:11:33","slug":"forex-market-analysis-key-asset-trends-amid-rate-shifts-8-january-2024","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.net\/pl\/analysis\/forex-market-analysis-key-asset-trends-amid-rate-shifts-8-january-2024\/","title":{"rendered":"Forex Market Analysis: Key Asset Trends Amid Rate Shifts 8 January 2024"},"content":{"rendered":"\n<h1 class=\"wp-block-heading has-medium-font-size\">FX Daily Analysis: 8 January 2024<\/h1>\n\n\n\n<p><strong><u>CURRENCIES:<\/u><\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Market Q1 Outlook: Gold, Stocks, EUR\/USD, GBP\/USD &amp; USD\/JPY monitoring Fed and US Yields<\/strong><\/li>\n\n\n\n<li>Gold and U.S. equities experienced moderate losses in the first trading week of 2024<\/li>\n\n\n\n<li>Pressured by a significant rally in Treasury yields and a rise in the U.S. dollar<\/li>\n\n\n\n<li><strong>Strong December U.S. jobs report bolstered the U.S. dollar<\/strong><\/li>\n\n\n\n<li>Traders in late 2023 priced in deep rate cuts for the coming year<\/li>\n\n\n\n<li>U.S. central bank signaled potential borrowing cost cuts, but economic resilience may delay the easing cycle<\/li>\n\n\n\n<li>This sets markers for a potential deeper reversal in the coming weeks<\/li>\n\n\n\n<li>If mean reversion of returns unfolds, gold and risk assets could face challenges<\/li>\n\n\n\n<li>Euro, British pound, and Japanese yen may weaken against the U.S. dollar<\/li>\n\n\n\n<li>Different and complex market dynamics expected in early 2024<\/li>\n\n\n\n<li>Attractive trade opportunities and setups anticipated for key assets<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\"><a href=\"https:\/\/www.vtmarkets.net\/loyalty-programs\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Trade Forex with VT Markets today and earn rewards from our loyalty program <\/a><\/h3>\n\n\n\n<p><strong><u>STOCK MARKET:<\/u><\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Corporate Earnings and Inflation Focus This Week<\/li>\n\n\n\n<li>Bank of America, Wells Fargo, JPMorgan, BlackRock, and Citi to Report Q4 Earnings<\/li>\n\n\n\n<li>Consumer Price Index (CPI) for December to be Released Thursday<\/li>\n\n\n\n<li>Producer Price Index (PPI) for December Out on Friday<\/li>\n\n\n\n<li>S&amp;P 500 Enters Q4 Reporting Period After a Negative Start in 2024<\/li>\n\n\n\n<li>Tech-Heavy Nasdaq Down Nearly 4% Over the Last Five Trading Sessions<\/li>\n\n\n\n<li>December Jobs Report Shows Solid US Labor Market, Adding 216,000 Jobs<\/li>\n\n\n\n<li>Unemployment Rate Holds Steady at Historically Low Level of 3.7%<\/li>\n\n\n\n<li>Average Hourly Earnings Increase 0.4% Monthly and 4.1% Annually<\/li>\n\n\n\n<li>Market Debate on Federal Reserve Interest Rate Cuts Continues<\/li>\n\n\n\n<li>Goldman Sachs Expects First Cut in March, Markets Pricing in a 66% Chance<\/li>\n\n\n\n<li>December CPI Print Expected to Show Annual Inflation at 3.2%<\/li>\n\n\n\n<li>Core CPI Forecasted to Rise 3.8% YoY, Monthly Core Price Increase of 0.3%<\/li>\n\n\n\n<li>Corporate Earnings Season Kicks Off with Delta Air Lines, JPMorgan, Citi, Wells Fargo, Bank of America, and BlackRock Reporting<\/li>\n\n\n\n<li>Investors Anticipate Updates on Consumer Spending and Financials Amid Higher Rate Environment<\/li>\n\n\n\n<li>Market Pessimism on Q4 Earnings with S&amp;P 500 Estimates Falling 6.8% Since September 30<\/li>\n\n\n\n<li>Deutsche Bank Chief US Equity Strategist Expects a Robust Quarter for Earnings but Notes Potential Market Temperance Due to Previous Rally.<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.net\/open-demo-account\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Test your CFD Trading Strategies by Opening Your Free VT Markets Demo Account Now!<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FX Daily Analysis: 8 January 2024 CURRENCIES: Trade Forex with VT Markets today and earn rewards from our loyalty program STOCK MARKET: Test your CFD Trading Strategies by Opening Your Free VT Markets Demo Account Now!<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-10244","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/posts\/10244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/comments?post=10244"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/posts\/10244\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/media?parent=10244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/categories?post=10244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.net\/pl\/wp-json\/wp\/v2\/tags?post=10244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}