Federal Reserve

The U.S. Federal Reserve concludes its two-day monetary policy meeting today. At 1900 GMT, the FOMC will release its monetary policy statement, alongside announcing the short-term fed funds target rate and the FOMC economic projections. Thirty minutes later, the decision will be followed up by the press conference from Janet Yellen. This will be...

2016-12-14 John Benjamin Read more
factory_Orbex

With December now being firmly cemented for a potential 'rate hike' from the Federal Reserve, the markets will be closely watching today's Non farm payrolls report for the month of October. Expectations into today's NFP release is for the US economy to have added 185k jobs while the unemployment rate is expected to fall further to 5.0%, which wo...

2015-11-06 John Benjamin Read more
trading gold

While the markets have been going back and forth, debating on the prospects of a Fed's rate hike in short term interest rates, the fact that there is a strong possibility for a rate hike, regardless of whether the Fed will hike rates in September or October or even in December. While the markets are likely to react strongly when the Fed does sta...

2015-09-01 Orbex Read more

The market participants are likely to take a breather from the onslaught of Greek headlines and temporarily shift focus back to the US. On account of July 4th being the US Independence day bank holiday, the BLS is slated to release the June jobs report today at 1200GMT. Expectations for June's NFP are for 233k jobs being added alongside expec...

2015-07-03 John Benjamin Read more