FOMC

Summary: BoJ meeting largely a non-event. No major policy changes Interest rates remain at -0.10% BoJ’s QQE remains at 80 trillion yen BoJ upgrades GDP growth by 0.1 percentage point BoJ maintains subdued inflation rate…
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Summary: Federal Reserve hikes interest rates by 25 basis points as widely expected Short term interest rates now at 1.0% - 1.25% Central bank maintains the view that one more rate hike is appropriate this year No major…
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In the next few hours, we are expecting US economic figures to be released. This data is set to have a notable but limited impact on the markets, ahead of the Federal Reserve decision later tonight. During the US session ahead, we will be…
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Traders took a break from the political developments in the UK and focused turned back to the economic outlook. Data released by the UK's Office of National Statistics (ONS) showed that consumer prices surged 2.9% in May. This was higher…
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Following a rather busy week in Europe, the focus shifts back to the U.S. shores next week with the FOMC meeting in focus. The Fed's meeting is likely to overshadow other central bank meetings such as the BoJ, SNB, and the BoE. Economic…
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Summary: Nonfarm payrolls employment rose 138k in May, missing forecasts of 184k March and April payrolls revised down by 66k Unemployment rate falls to a 16-year low at 4.3% Underemployment slips to 8.6% a new cyclical low…
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Everyone was watching the US Jobs Report on Friday, which was the most important event ahead of the Federal Reserve decision this month. The market seemed very confident that the Fed will raise the rates no matter what, given the fact that…
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Summary: ISM manufacturing PMI largely stable at 54.9 (up from 54.8 in April) New orders rise to 59.5, while employment index rises to 53.5 ISM manufacturing prices slips to 60.5 from 68.5 in April PMI data suggests that…
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The EURUSD currency pair has posted one of the strong recovery rallies in just a few weeks, taking the currency pair from being one of the weakest to the strongest. Price action extended gains all the way from 1.0870 through 1.1250 before…
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FOMC Meeting Minutes – What you should know The US Federal Reserve released the meeting minutes from the May 2nd – 3rd monetary policy meeting where interest rates were left unchanged Fed officials were rather mixed but the…
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