TAG fed

ECB eyed after Fed raises rates

Will ECB Follow Fed in Signalling Tightening? European markets are trading slightly in the red on Thursday, while US futures are relatively flat ahead of the open, as we await the ECB monetary policy decision. The ECB announcement follows the Federal Reserve’s decision on Wednesday to raise interest rates and signal that two more will…

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Economic Projections Key as Fed Seen Hiking Rates

Will a Fourth Hike in 2018 Be Included in New Projections? US futures are trading relatively flat ahead of the open on Wednesday, as we await the latest interest rate decision from the Federal Reserve. Markets have almost fully priced in a rate hike today which, assuming the central bank does as expected, should draw…

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Upbeat Markets Ahead of Busy Week

Investors Not Wobbled By G7 Trade Fallout The mood in financial markets is relatively upbeat at the start of a very busy week, as investors shrug off the G7 meeting which didn’t exactly go to plan as Donald Trump rejected the prepared communique and left early. While everyone will have hoped for a better outcome…

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OANDA Market Insights With Jazz FM – 8 June 2018

OANDA Senior Market Analyst Craig Erlam and Jazz FM Business Breakfast presenter Jonny Hart look back at the week’s business and market news. This week’s big stories: G7 talks weigh on markets, sterling falls on Brexit proposals, ECB remarks hit bonds. Dollar Struggles as Geopolitics and Central Banks Take Center Stage Risk Aversion Seen Ahead…

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US Futures Build on Jobs Report Gains

Near-Term Stability in Italy and Spain Aid Risk Appetite A decent jobs report on Friday combined with an apparent easing of political risk in Europe is helping lift equity markets at the start of the week, with US futures around half a percentage point higher. While the new governments in Spain and Italy should provide…

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Risk Appetite Remains as Italian Talks Continue

Markets Remain Buoyed By Potential Progress in Italy US futures are trading flat ahead of the open on Thursday, with Europe mostly a little higher as negotiations continue to avoid another election in Italy. Not too long ago, a coalition government in Italy consisting of two eurosceptic populist parties was a feared and unlikely prospect…

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Another Turkish Lira flash crash

Another Turkish Lira flash crash   A busy start to the session dealing with yet another mini TRY flash crash as the bad Lira news continues to compound. Otherwise, global Forex and fixed income markets remain in neutral  overnight and predictably focused on the upcoming FOMC minutes The Turkish Lira meltdown. As far as I can…

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US Futures Higher on Easing Trade War Fears

Reduced Chinese Tariffs Further List Sentiment in Markets US futures are pointing to another higher open on Tuesday, building on Monday’s strong gains and benefiting from an apparent easing in trade tensions between the world’s two largest economies. The postponement of new tariffs by both the US and China and the revelation that the latter…

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