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Forex market reviews

22 July 2015

Market sessions

Analyst Contest participant

Alpari Analyst

RBA Declares Possibility of Further Drop in Interest Rates

Australian inflation data was made public today. The country’s CPI in Q2 was up 0.7% QOQ and 1.5% YOY. A 0.8% growth in consumer prices was expected QOQ and by 1.7% YOY. The inflation zone which the Reserve Bank of Australia has set is 2-3%.
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21 July 2015

Market sessions

Analyst Contest participant

Alpari Analyst

Fed: Likelihood of Interest Rate Hike in September is 50%

The president of the Federal Reserve Bank of Saint Louis, James Bullard, yesterday announced that the likelihood of a September interest rate rise is 50%.
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Commodities

Alexander Razuvaev

Alexander Razuvaev

Gary Ross: 5 Years from Now, Oil Will Cost $100

The founder of the PIRA Energy Group, Gary Ross, who predicted last year’s sharp fall in oil prices, believes that the price of oil will return to 100 dollars a barrel by 2020.
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