Interest Rate_Fed

President Trump is likely to announce his pick for a new chairman to the Federal Reserve before his trip to Asia scheduled for next week. This means an announcement for the Chair and vice chair at the Fed is imminent by the end of this week.  Here are the final candidates as revealed by Trump, which could occupy the top 2 jobs at the US central ...

2017-12-12 Ashraf Laidi Read more
federal reserve

With the FOMC meeting due in a week's time, Fed officials hit the news wires last week. Investors were expecting the central bank officials to offer some clues on monetary policy and expectations on the next interest rate hike. The main underlying theme from the various speeches given over the week brought the conclusion that the Fed will remai...

2017-10-22 John Benjamin Read more
US Flag_Department of Commerce

Many traders believe that today is a big day, and it will actually give them some clues about September Federal Reserve decision on whether to raise the interest rate again or not, depending on the upcoming Jobs Report, which will be released later today. However, this is not the case. The Federal Reserve’s decision is not connected with the Jo...

2017-09-01 Nour Eldeen Al-Hammoury Read more
Mario Draghi

The much anticipated Jackson Hole Symposium that began on Thursday last week ended without a bang. While investors were hopeful that the central bankers would address monetary policy, it was indeed the opposite. Both Yellen and Draghi failed to give any clues on monetary policy in what seems to be an obvious case of keeping the markets guessing....

2017-08-29 John Benjamin Read more
Nikkei225_Equities_0802

After two weeks of a choppy trading in most of the global equities, due to the global geopolitical tensions, some of these indices tried to recover losses. However and so far, they are still far away from recovering. This is even though the geopolitical tensions between the US and North Korea has eased significantly ahead of the Jackson Hole me...

2017-08-28 Nour Eldeen Al-Hammoury Read more
Federal Reserve

The week ahead is poised to remain quiet with most of the economic releases focusing on the second-tier data. Therefore, the Jackson Hole Symposium which takes place every year will be the main highlight. The symposium is scheduled to begin on Thursday, and key highlights include speeches by the respective policymakers from the ECB and the Feder...

2017-08-21 John Benjamin Read more
USD Index_3005

After the US Jobs Report outcomes, which came in much better than expected, estimates were rising that the Federal Reserve will still be able to raise the Fed Fund Rate in September and probably in December. Such outcomes and the notable rise in the estimates of two more rate hikes this year has pushed the US Dollar higher at the beginning of l...

2017-08-14 Nour Eldeen Al-Hammoury Read more
Euro Dollar_Technical outlook

At the beginning of the year, the Euro kicked off the year lower and posted the lowest level since 2003 around 1.04. Back then, investment banks were very bearish on the Euro, estimating a sharp decline well below the parity level with the US Dollar. Some banks downgraded their estimates multiple times, some were estimating 0.95, and the major...

2017-08-02 Nour Eldeen Al-Hammoury Read more
Yellen's testimony

If you thought that the Fed will continue to hike interest rates, or wondered why the U.S. dollar has been sinking for the most part this year, then Janet Yellen's testimony gave all the hints the markets needed. Contrary to the prevailing idea that the Fed could be looking at hiking interest rates one more time this year, Ms. Yellen's testim...

2017-07-14 John Benjamin Read more
FOMC

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 volatility and liquidity over the past two days. Yet, volatility is likely to spike higher today ahead of the FOMC ...

2017-07-26 Nour Eldeen Al-Hammoury Read more