Wednesday’s Federal Reserve announcement on interest rates (2 pm New York, 7 pm London, 11 pm Dubai) is widely expected to produce a 25-bp rate hike in the Fed funds rate range to 1.25-1.50%. Traders will look out for these two crucial aspects in the announcement: The number of rate hikes projected for 2018 The number of interest rate hi...

2018-01-25 Orbex Read more
FOMC minutes

The Fed decision and the BoJ meetings were the main events as the markets opened this week. Monday saw the usual lack of action with markets staying range bound on the lack of any fundamentals to fall back upon. The soft fundamentals were however from China, which saw home prices rise 9.20% in August, which was the highest increase this year an...

2016-09-26 John Benjamin Read more