U.S. stocks mixed as rate hike worries linger, Russia tension simmers Wall Street was mixed on Monday, with the Nasdaq Composite Index rising slightly while the Dow Jones Industrial Average fell. Investors were concerned about the path of interest rate hikes by the U.S. Federal Reserve, as well as the ongoing political instability in Russia. …
U.S. stocks mixed as rate hike worries linger, Russia tension simmers Read More »
The dollar steadies on strong housing data, Fed testimony in focus The dollar index held steady around 102.5 on Wednesday, supported by surprisingly strong US housing data. Investors are also awaiting comments from Federal Reserve Chair Jerome Powell’s testimony before Congress later in the day. Data showed that housing starts in the US surged 21.7% …
The dollar steadies on strong housing data, Fed testimony in focus Read More »
The USD/CAD pair is consolidating above the 1.3200 level as investors await the release of key economic data from Canada and the US. The Canadian dollar is expected to receive support from the Retail Sales data, which is expected to show a modest increase in April. However, the oil price is capped above $72.00, which …
USD/CAD stabilizes above 1.3200 following footprints of sideways oil and USD Index Read More »
Eurostoxx +0.4% Germany DAX +0.3% France CAC 40 +0.3% UK FTSE flat Spain IBEX flat This mirrors the positive state of mind in US prospects, with S&P 500 fates seen up 25 focuses, or 0.6%, on the day. After the previous late mishap in Money Road, it seems to be the alleviation rally is continuing …
On the off chance that there is one thing you can depend on, it is to be ready for a drawn-out day/night in the US. Surveyors haven’t had a decent history overall while calling the result however they are as yet the best aid you can go with in moving toward these things. Just a …
In the FOMC explanation yesterday, markets experienced something new and deciphered it in a timid light as the Fed noticed that: “In deciding the speed of future expansions in the objective reach, the panel will consider the combined fixing of money related strategy, the slacks with which financial approach influences monetary action and expansion and …
Definitely, blended information is a fascinating methodology. The Federal Reserve is apparently indifferent to monetary market instability! Rundown through RBC (this is exceptionally short): The strategy explanation broadcasted an obviously tentative vibe with the board saying it will “consider the combined fixing of money-related strategy, the slacks with which money-related strategy influences monetary movement and …
FOMC response – dovish statement, hawkish press conference Read More »
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