Account
New to ADSS? Open an
account now to get started.
Already have an account?
Add funds to your ADSS account
Account
New to ADSS? Open an
account now to get started.
Add funds to your ADSS account
Weekly Market Preview
Friday, 24th of January 2025
Markets are gearing up for a pivotal week filled with significant economic events and data, including interest rate decisions from the US, Canada, and Europe.
In the United States, the Federal Reserve Open Market Committee is set to convene to vote on the US interest rate decision. It is expected that the committee could maintain the current rate, supported by December’s strong labour market data, which showed an increase in jobs added compared to the previous month, a drop in unemployment to 4.1%, and a slight decline in core inflation from 3.3% in November to 3.2% in December. Markets will closely monitor Federal Reserve Chairman Jerome Powell’s press conference for insights into monetary policy, especially in light of the potential impact of President Trump’s economic policies.
In Canada, the Bank of Canada is expected to lower interest rates by 25 basis points. Investors will pay close attention to the BoC press conference for insights about the central bank’s forward policy. This comes amid concerns over the possibility of the US imposing a 25% tariff on Canadian exports. Canada could respond with similar tariffs on US goods, which might drive up inflation and restrict the Bank of Canada’s ability to implement further rate cuts.
In Europe, the European Central Bank is also anticipated to cut interest rates by 25 basis points during its upcoming meeting. However, the focus will be on ECB President Christine Lagarde’s speech, as markets seek clarity on the central bank’s monetary policy trajectory. A potential trade war with the United States looms, with President Trump considering a 10% tariff on European exports. In response, the European Union may impose retaliatory tariffs on American goods, potentially driving European inflation above the 2% target. Such developments could slow down the ECB’s pace to reduce interest rates further.
Monday, 27th of January
Tuesday, 28th of January
Wednesday, 29th of January
Thursday, 30th of January
Friday, 31th of January
ADSS
8th floor, CI Tower
Corniche Road
PO Box 93894
Abu Dhabi
United Arab Emirates
Trading Services
ts@adss.com
+971 2 657 2414
Investing in CFDs involves a high degree of risk that you will lose your money due to the use of leverage, particularly in fast moving markets, where a relatively small movement in the price can lead to a proportionately larger movement in the value of your investment. This can result in loses that exceed the funds in your account. You should consider whether you understand how CFDs work and you should seek independent advice if necessary.
ADS Securities LLC – S.P.C (“ADSS”) is authorised and regulated by the Securities and Commodities Authority (“SCA”) in the United Arab Emirates under First Category: Dealing in Securities and Fifth category: Arrangement and advice (Introduction). ADSS is a Limited Liability Company – Sole Proprietorship Company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.
The information presented is not directed at residents of any particular country outside the United Arab Emirates and is not intended for distribution to, or use by, any person in any country where the distribution or use is contrary to local law or regulation.
ADSS is an execution only service provider and does not provide advice. ADSS may publish general market commentary from time to time. Where it does, the material published does not constitute advice, or a solicitation, or a recommendation to a transaction in any financial instrument. ADSS accepts no responsibility for any use of the content presented and any consequences of that use. No representation or warranty is given as to the completeness of this information. Anyone acting on the information provided does so at their own risk.
