FOMC Meeting minutes

The week ahead will be somewhat busy with data including the release of the FOMC meeting minutes, Eurozone flash GDP estimates, the UK's inflation and wage growth data and Australia set to report its jobs report. While trading volumes… Read More

In the next few hours, eyes will turn toward the Federal Reserve once again, as we are expecting the FOMC Meeting Minutes. The US market has been closed due to the 4th of July holiday, which led the markets to experience a drop in… Read More

Despite the recent developments in Europe, especially in the UK, Manchester attack, and raising the level of security in the UK, markets have been trading with low volume. Moreover, the European session today was quiet amid a lack of… Read More

While the U.S. economic calendar last week was relatively light, the Federal Reserve members spoke at length over the week which stood out. Many members have maintained the view that the markets can expect another two rate hikes from the… Read More

The US Dollar Index began the week higher again and broke above its 100 barrier, leading to another push higher all the way to 100.60’s earlier this morning. Such more would ease the chances for our head and shoulder pattern to continue.… Read More

The week ahead is marked by a fresh trading week for the markets and with it comes a fresh set of economic data. Standing out among a host of economic releases will be the Fed's FOMC meeting minutes from the March meeting and the payrolls… Read More

The global markets experienced a tight trading range throughout yesterday’s trading, as everyone was waiting for the FOMC Meeting Minutes to give us some clues about the future of the Fed’s policy. However, the Federal Reserve gave us mixed… Read More

Policymakers at the US Federal Reserve acknowledged that the case to hike interest rates continued to strengthen. Despite a split vote, many members were of the opinion that a rate hike should happen "relatively soon," reaffirming that the… Read More