Heads up to the FOMC statement
The Federal Open Market Committee will make its statement and announce the official rate on June 19, at 21:00 MT time.
Tag - federal reserve
Firm American job surge is anticipated in April
In April, American employers managed to maintain a firm tempo of hiring, while steadily ramping up wages for staff members, indicating firm economic surge as well as moderate inflation pressures…
Gold stands still having dived the most for two weeks
On Friday, the yellow metal was nearly intact in Asia because investors were still cautious after the Fed’s decision to keep interest rates on hold…
Evergreen buck consolidates in Asia
On Thursday, the evergreen buck consolidated in Asia having recovered from a brief spill overnight when financial markets were puzzled by mixed messages on policy from the US major financial institution…
American futures rally as traders cheer Apple’s outcomes
On Wednesday, American stock index futures went up, pointing to a firm start for Wall Street due to the fact that Apple’s stellar outcomes and forecast soothed worries about the decelerating surge in corporate gains…
Evergreen buck stabilizes ahead of Fed
On Wednesday, public holidays along with the approach of the Fed’s monetary policy statement are keeping a tight lid on foreign exchange movements, with the common currency holding on to most of its profits after a firmer-than-anticipated first quarter…
Will the FOMC meeting push the USD?
The Federal open market committee will release the monetary policy statement and announce the official rate on May 1, at 21:00 MT time.
American mortgage applications report the greatest dive in four months
American mortgage applications to purchase a home and to have it refinanced demonstrated their steepest weekly slump for four months due to the fact some mortgage rates jumped to one-month maximums, in step with higher bond gains…
American labor market is still tight
American labor markets were still tight due to the fact that US businesses struggled to gain skilled employees and wages rallied a bit, as the Fed reported on Wednesday in its latest report on the US economy…
Gold keeps to 4-month minimum
On Wednesday, gold was nearly intact, sticking with a four-month minimum because better-than-anticipated economic data from China kept global appetite for risky assets healthy and also tamed demand for havens…
Evergreen buck trades sideways
On Tuesday, the evergreen buck was trading sideways, having slumped on Monday following remarks from the Fed’s Charles Evans suggesting that there won’t be any change in interest rates for more than a year…
Evergreen buck goes down notwithstanding better-than-anticipated labor and inflation data
On Friday, the evergreen buck slumped in Asia notwithstanding better-than-anticipated labour as well as inflation data published overnight…
