FOMC

The economic data over the week covered the retail sales report for January and inflation data. The data sets the expectations for the FOMC meeting due tomorrow. Following the weak jobs report in February, the US economic outlook is… Read More

Dollar Kicks Week Off on Bad Footing The US dollar ticked lower on Monday as risk flows from last week's closing continued adding downside pressures. The beleaguered currency slipped last Friday amid fresh optimism that a US-Sino trade… Read More

A busy week for the financial markets is coming up.  Here's a quick recap of the market-moving events we can expect. Central Banks The week ahead will see the US Federal Reserve and the Bank of England holding their respective monetary… Read More

The month of February did not spring any surprises. The central bank meetings did not surprise with officials maintaining the official narrative, albeit a bit cautious. In the UK, the Brexit uncertainty continued into February with still… Read More

The US Dollar was pushed lower still this week as recent comments from Fed chair Powell weighed on investor sentiment. Yesterday at the Senate banking committee, the Fed chair told lawmakers that the Fed is in “no rush” to lift policy rates… Read More

Gold The yellow metal saw volatile trading this week. After initially trading up to its highest level since April 2018, gold prices then catapulted back lower. This came following the release of the FOMC meeting minutes which saw traders… Read More

Despite initial weakness in response to the January FOMC meeting last week, where the Fed struck a more dovish tone, USD was able to stage a recovery late in the week. This came as the January Non-Farm Payrolls report rang in stronger than… Read More

As expected, the Fed kept policy unchanged at its first FOMC meeting of the year yesterday. However, the reaction was broadly one of disappointment from USD bulls, as the Fed seemed to take a more dovish tone in its statement and press… Read More

As the market prepares to receive the latest FOMC rate decision later today, bulls will be little inspired by the recent US data which has, once again, undershot expectations. Consumer Confidence fell to 120.2 in January, down from 126.6 in… Read More

The U.S. Federal Reserve will be holding its monetary policy meeting this week on Wednesday, January 30. This meeting comes following the December FOMC meeting. Back then, the central bank hiked the short-term interest rates by a quarter… Read More