FED Chair Powel; Our economy is strong. The number of people working is rising steadily and our wages are climbing slowly Inflation is low and stable Overall financial conditions remain accommodative Fed expects inflation to remai...
Federal Reserve hikes interest rates by 25 basis points, as expected. Fed raises target interest rate to 2.25 - 2.00 percent. FED MEDIAN ESTIMATE STILL SHOWS THREE RATE HIKES IN 2019 Fed dots show 12 of 16 officials in favor of four rate hikes in 2018
The US central bank is widely expected to raise interest rates by a quarter of a percentage point to 2.25%, in what would be its third rate hike of the year. We will also focus on the Fed Chairman Jerome Powell's press conference. Watch out for it, we might see some fluctuations on the...
Canada worried about more tariffs The nightmare scenario in NAFTA negotiations for Canada is that they sign a deal then Trump immediately turns around and imposes 'national security' tariffs against the auto industry. Canadian negotiators have been angling for...
The US Crude oil stocks are expected to decline by -1.279 M this week. If we look at the last week’s data; oil stocks declined by -2.057 M barrels.
Get ready for the Fed Interest Rate Decision! Today, It will be published at 18:00 p.m. (GMT) and the Fed Chairman Jerome Powell will give his press conference at 18:30 p.m. (GMT) Why is this important? The biggest trading event of this month; Rate Decision
1. US New Home Sales In the US, New home sales for August will be announced and it is expected to rise to 0.5% from -1.7% the previous month. 2. Crude Oil Inventories Finally, Crude oil stocks today to be published in the U.S and it...
UK PM May: Any deal which breaks up the integrity of the UK is a bad deal Up to EU now to say what their concerns with UK Brexit plans are Proposed Canada-style trade deal would break up UK Priority in negotiations is protecting unity of U...
Peter Navarro, Director of the National Trade Council at the White House, noting that the US President Trump will impose additional tariffs on the Chinese imports should Beijing retaliate. Navarro also said that he expects the vote on final North Atlantic Free Trade Agreement (NAFTA) de...
CB Consumer Confidence (Sep) US Conference Board (CB) will be the only important release of today. The data measures the level of consumer confidence in economic activity. It is expected to an outcome of 132.2. A higher than expected reading should be taken as positive...
JPY BoJ's Kuroda: Pledge to keep interest rates very low for an extended period is very important. But does not mean BOJ will do so permanently Will take longer than expected to meet price goal
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