Market updates on August 22
News is what making the risk sentiment fragile today...
Signals from the Federal Reserve
The Federal Reserve has already raised interest rates twice this year. At its August meeting, the US central bank sounded confident enough about the country’s economic outlook and wasn’t very concerned by the threat of trade wars between the Unites States and other key economies. Traders will be able to find out the details of the meeting at 21:00 MT time on August 22. Market players are almost sure now that the Fed will increase its interest rate in September. Many traders also expect a rate hike in December.
• If the information from the central bank confirms the expectations of 2 more rate hikes in 2018, the USD will increase.
• If the central bank doesn’t hint on 2 more rate hikes this year, the USD will decline.
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Market updates on August 21
Oil updates and the FOMC minutes are on the agenda
Market updates on August 20
Pay attention to the news from the UK and Italy
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Market updates on June 18
Welcome to Tuesday, people! Here’s your markets update ahead of the European trading session.
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