US dollar rebounded Thursday, reclaiming a large portion of Wednesday’s lost ground after the Federal Reserve jolted markets by abandoning all plans to raise interest rates this year.
22
Mar
2019
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21
Mar
2019
Thursday 21st March: Asian markets higher as Fed hits the brakes.
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Global Markets: Asian Stock Markets : Nikkei up 0.20%, Shanghai Composite up 0.35%, Hang Seng down 0.65%, ASX up 0.03% Commodities : Gold at $1318.65 (+1.30%), Silver at $15.61 (+1.89%), Brent Oil at $68.53 (+0.04%), WTI Oil at $60.13 (-0.17%) Rates : US 10-year yield at 2.526, UK 10-year yield at 1.146, Germany 10-year yield … Continue reading Thursday 21st March: Asian markets higher as Fed hits the brakes.
21
Mar
2019
Thursday 21st March: Sterling continues to be whipped around on Brexit headlines ahead of today’s BoE rate decision
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The US Federal Reserve, as expected, kept interest rates unchanged at 2.25-2.50% Wednesday. The trajectory of rate hikes was also narrowed, with the central bank stating it will not hike interest rates this year amid a slowing economy.
20
Mar
2019
Wednesday 20th March: Asian markets see-saw as Fed announcements awaited
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Global Markets: Asian Stock Markets : Nikkei up 0.12%, Shanghai Composite down 0.01%, Hang Seng down 0.24%, ASX down 0.32% Commodities : Gold at $1303.85 (-0.20%), Silver at $15.33 (-0.29%), Brent Oil at $67.80 (+0.28%), WTI Oil at $59.31 (+0.03%) Rates : US 10-year yield at 2.610, UK 10-year yield at 1.194, Germany 10-year yield … Continue reading Wednesday 20th March: Asian markets see-saw as Fed announcements awaited
20
Mar
2019
Wednesday 20th March: FOMC takes centre stage; the central bank widely expected to keep policy unchanged.
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Underpinned by a softer greenback, the EUR/USD extended gains for a third consecutive day Tuesday, up 0.13%. The buck is seemingly weaker on fears of a dovish Fed, with the central bank widely expected to keep policy unchanged today.