FOMC

Credits: Brookings Institution / Flickr. Photo by Paul Morigi Today’s Economic events Australia MI leading index m/m 0.0% vs. -0.30% previously Japan core machinery orders m/m 4.20% vs. 4.60% UK Average earnings index 3m/y 1.90%…
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Image via International Monetary Fund, IMF Staff Photograph/Stephen Jaffe Since January this year, Central Bankers have tried their best to soothe the markets in a bid to weaken their currencies and boost the equity markets. Mario Draghi…
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Credits: Image via SouthEastern Star/ Flickr On Wednesday, the EUR/USD major hit a three-month high at 1.1079, adhering still to the bullish tone. Overall, the risk aversion surrounding the greenback boosted the EUR and gave an additional…
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Taking a look over the last week, we can see that Thursday was the most important trading day for the yellow metal, with the gold futures spiking down amid a wave of slightly disappointing US economic data release, Fed giving a mixed…
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On Wednesday, the Federal Reserve announced that the federal funds target range will remain unchanged between 0.25% and 0.5% after a two-day policy meeting, offering also an overview regarding March's meeting agenda. While the decision was…
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The January FOMC meeting sent a message to the markets that the Federal Reserve was closely monitoring the global economic developments. Leaving the base rates unchanged in the 0.25% - 0.50% band with a unanimous vote, the Fed's statement…
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Three Central Banks meet this week for the monthly monetary policy review and the markets are likely to look forward to the views. Kick starting the meetings, the US Federal Reserve is due to meet on the 27th January, tomorrow at 1900GMT…
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The FOMC meeting minutes released yesterday from the Fed's December meeting showed that while almost all members were on board for a 25bps rate hike, it was a close call for some Fed members who were still concerned about core inflation…
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The Federal Reserve hiked the US benchmark interest rates by a quarter of a point yesterday bringing the interest rates to 0.25% - 0.50%. For what was touted to be the 'Big event' of the year, the markets reacted rather calmly and for the…
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It's Fed day as the US FOMC concludes its two-day meeting. At 19:00 UK time, the Federal Reserve will be presenting its monetary policy statement including the Fed's staff economic projections. Expectations are for the Fed to hike the US…
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