fomc preview

The Federal Reserve will be holding its two-day FOMC meeting on June 13 and 14. According to the various economic indicators and the Fed's minutes from May, the futures and the swaps markets are pricing in a full 25 basis point rate hike this week. The U.S. short term fed funds rates currently stand at 1.50% - 1.75%. The rate hike is expected...

2018-06-12 John Benjamin Read more

Economic data for the week ahead will culminate in a busy three days starting from Wednesday. The FOMC meeting is scheduled for Wednesday followed by the ECB's monetary policy meeting on Thursday and concluding with the Bank of Japan's monetary policy meeting on Friday. While rates are expected to remain unchanged with the ECB and the BoJ, th...

2018-06-11 John Benjamin Read more
forex monthly outlook

The euro currency posted declines for the second consecutive month with the pace of declines accelerating further. The common currency fell to fresh yearly lows. The declines came following the developments in Italy and a broad slowdown in the economic activity in the Eurozone. The U.S. dollar continued to post gains amid improving economic f...

2018-06-06 John Benjamin Read more
May FOMC Meeting

Summary: Officials leave the short term rates at 1.50% - 1.75% Federal Reserve on track to hike rates at the June FOMC meeting Officials willing to tolerate inflation overshoot beyond 2% Further rates hikes for the rest of the year to be determined by incoming data The Federal Reserve Bank held its monetary policy meeting last w...

2018-05-10 John Benjamin Read more
May Fed and RBA Meetings

The economic calendar for the week ahead is expected to push ahead with full steam. With the start of a new trading month, a number of economic releases are expected over the week. Among the number of economic releases, the May Fed and RBA Meetings about monetary policy are lined up this week. While no changes are expected from both the central ...

2018-04-30 John Benjamin Read more
April BoC meeting

The week ahead is somewhat quiet on the economic front, but the FOMC meeting that is due this Wednesday will dominate the news wires. Heading into the meeting, the market expectations are high that the Federal Reserve will hike interest rates by 25 basis points at this week's meeting. This would mark the first rate hike for this year. Simultaneo...

2018-03-23 John Benjamin Read more
1000 japanese yen banknote njear the Kaminarimon gate

The central bank monetary policy meetings continue to dominate another week, this time with the FOMC and the BoJ meetings. The Fed is expected to meet on Wednesday where it is all set to announce its balance sheet normalization program. No changes are expected to interest rates at this week's meeting, but the press conference held by Janet Yelle...

2017-10-22 John Benjamin Read more
RBA

As the currency markets progress into the final weeks of July, the main highlights of the week include the FOMC meeting on Wednesday. The Fed is expected to keep monetary policy on hold. Investors are likely to focus on any forward guidance that will be issued by the Fed this week. Questions still remain on the pace of rate hikes as well the bal...

2017-07-26 John Benjamin Read more

The markets will be looking to a busy week as a fresh economic report for the month of April dominates the headlines, for the most part, this coming week. On Monday, most of the markets are closed on account of the Labor Day holiday. The pace of the economic releases picks up with the data from the U.S. standing out. This week will see key econ...

2017-05-01 John Benjamin Read more
FOMC

The first trading month of the year is now history as traders shift focus to a busy week. Among the central bank meetings, the FOMC and the BoE meetings are likely to overshadow the Bank of Japan's meeting this week. Still, no changes to monetary policy are expected this week from either of the central banks. In the UK, the Brexit bill is likely...

2017-01-30 John Benjamin Read more