Asian markets opened broadly lower this morning, following a pull-back of US equities last night. The S&P 500 index has consolidated for a second week. It seems that the unstoppable ‘Trump rally’ is finally cooling off in the headwind from the Fed.A higher interest...
Sterling dropped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with the European Union, while stocks advanced ahead of an expected U.S. interest rate later in the week.European stocks were set for a mixed start,...
The UK’s Parliament gave Theresa May the permission to trigger the Brexit. The Brexit Bill is expected to receive the Royal Assent today, which means that in theory, May could trigger talks as soon as today. Nevertheless, she is expected to wait until the...
Fed speakers have already send a strong signal that the Fed intends to hike this week, notes Bank of America Merrill Lynch FX Strategy."With the rate decision likely to be a nonevent, attention turns to the Summary of Economic Projections and the press conference...
Currency markets were in a wait-and-see mode during the Asian session as investors were cautious ahead of central bank meetings this week (which include the Federal Reserve, the Bank of Japan and the Bank of England) and the Dutch elections on Wednesday. These risk...
Do not let the quiet session on Monday and early Tuesday fool you, volatility may be just around the corner.The Federal Reserve is meeting tomorrow, the Dutch are heading to the polls, the UK triggering Article 50 is edging closer, a group of 20...
The Euro rallied strongly throughout most of last week as the pair initially rose in response to some optimistic rhetoric from the ECB’s Mario Draghi.In addition, the EU GDP rose to meet market expectations at 0.4% q/q. Subsequently, the pair was remained relatively robust...
It has been an exciting year for stock traders. The ‘Trump effect’ spurred equity-market rallies globally in January and February, and now the focus has shifted toward Europe.This is going to be a ‘Super Week’ for FX traders, with the FOMC and Dutch election...
U.S. stocks were little changed on Monday as investors preferred to hold their bets ahead of a widely expected interest rate hike by the Federal Reserve later this week.The Federal Open Market Committee, the central bank's policy-setting board, is expected to lift interest rates...
The Federal Reserve (Fed), the Bank of Japan (BoJ), the Bank of England (BoE) and the Central Bank of Turkey (CBT) will announce their latest policy verdicts throughout this week. Expectations vary.Fed to hike rates, deliver hawkish statementThe Federal Reserve (Fed) monetary policy meeting...