FOMC

UK’s unemployment rate fell to 5.0%, marking an 11-year low while wage growth accelerated. MSCI, the global index provider, denied inclusion of China’s A-shares in its index. The markets look to the FOMC meeting where the Fed is expected to…
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Members of the Federal Reserve, open market committee, will be convening for the two-day Fed meeting on June 14 and 15th. The FOMC meeting will be closely watched across the equity, bond and currency markets. On the table is the question…
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The ICE Futures US dollar index took a beating following last Friday's monthly payrolls report. A surprisingly dismal jobs report with downward revisions to the past two months saw the markets discount a rate hike. The CME futures rate hike…
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The Sterling started on a weak footing today with nearly three opinion polls putting the Brexit ‘Leave’ camp ahead of ‘Remain,’ underlining the risks of the uncertain outcome. The markets look ahead to Janet Yellen’s speech due in…
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The economic calendar this week, barring a few scheduled events is likely to remain light on data. The RBA and the RBNZ will be meeting this week and Monday kicks off into high gear with Fed Chair, Janet Yellen and Boston Federal Reserve…
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Image via Peter Miller / Flickr Friday's jobs report sent the dollar weaker as the report saw investors scaling back the rate hike expectations in June. The dollar reversed its gains last week after rising steadily for three consecutive…
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The ICE Futures US dollar index closed bullish this week, with prices settling on Friday at 95.73, marking a 2-month high. The dollar was supported by broadly improved fundamentals from the US and hawkish rhetoric from FOMC members over the…
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A week marked by central bank expectations and a surprise decision saw the yen resume its uptrend as the BoJ left monetary policy untouched, while delaying its inflation forecasts as well. Amid the dovish views from the FOMC, RBNZ and the…
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It is widely expected that the FOMC April’s meeting will see no rate hike, but investors will closely scrutinize the language of the FOMC statement for June It’s almost quite clear that the US Federal Reserve will be hesitant to hike rates…
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The US dollar index has failed to make any decent gains or losses this week as the index sits near the support level. Summary: Intra-week the dollar fell sharply on weak housing starts and building permits Labor markets remain…
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