Market News

Federal Reserve issues FOMC statement
November 7, 2022

Federal Reserve issues FOMC statement Last week passed without any major movement. The main event was FOMC meeting of the US Federal Reserve at which it was unanimously decided to raise the key rate by 75 basis points to 4.00%. The highest level since 2008. Such a move was quite expected. Therefore, the subsequent press

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Another FED Hawkish 75bp Hike Rates
November 3, 2022

Another FED Hawkish 75bp Hike Rates Fed hiked rates by 75bp as highly expected. Powell delivered a hawkish message, emphasizing the need to tighten financial conditions further. We have not seen Fed make significant progress towards its goals over the past month. It is expected that a 50bp hike will come in February in addition

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FOMC Meeting, Expected Hike 75bps
November 2, 2022

FOMC Meeting, Expected Hike 75bps The FOMC will conclude it’s monetary policy today. The expectation is that traders are pricing in nearly 90% odds of a 75bps interest rate hike, an expectation that was supported by the Wall Street Journal’s. Traders are currently pricing in a peak Fed Funds rate around 4.9% in May 2023,

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Upcoming Market Updates: NZD, CAD, JPY, GBP, AUD, EUR, USD
November 2, 2022

Upcoming Market Updates: NZD, CAD, JPY, GBP, AUD, EUR, USD NZD: RBNZ Gov Orr Speaks, As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding

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Euro area annual inflation up to 10.7% – European Union
November 1, 2022

Euro area annual inflation up to 10.7% – European Union Eurostat’s preliminary estimate indicated an acceleration of annual inflation in the euro region from 9.9% immediately to 10.7%. Economists are expecting no change, and the difference of 0.8 points is one of the most prominent indicators economists predict quite accurately on average. But it’s not

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