Tag Archives: fomc minutes

A complex interplay of economic data, geopolitical developments, and central bank pronouncements prevailed, resulting in shifts across various asset classes. From fluctuating Treasury yields and evolving sector leadership to the resurgence of European equities, the steady ascend of gold prices, and fresh sanctions impacting commodities, investors navigated a landscape rife …

The British Pound has rallied against the US Dollar, surpassing the 1.2600 mark. This surge is primarily attributed to unexpectedly weak US retail sales data, which suggests a pullback in consumer spending. The Pound’s upward momentum has also been bolstered by positive UK economic indicators. US Retail Sales DisappointUS retail …

The Federal Reserve’s decision to cut interest rates in December, while welcomed by some, was marked by a notable degree of caution. The minutes of the December 17-18 policy meeting, to be released on Wednesday, will offer crucial insights into the internal deliberations that shaped this decision.The 25-basis-point rate cut …

U.S. stock index futures advanced slightly on Monday as Wall Street reacted to signs of easing inflation, kicking off a shortened trading week ahead of the Christmas holiday. Dow Jones Futures: +5 points (+0.1%) S&P 500 Futures: +10 points (+0.2%) Nasdaq 100 Futures: +60 points (+0.3%) Markets will close early …

The Federal Reserve’s latest policy meeting minutes reveal a cautious approach to further interest rate cuts, reflecting a delicate balancing act between stimulating economic growth and taming inflation. Divided Fed While the Fed acknowledges that inflation is easing and the labour market remains strong, there is a growing divergence of …

The Dollar Index (DXY) briefly traded above 108 on Friday, driven primarily by euro weakness rather than dollar strength. As we head into a short week due to the US Thanksgiving holiday, market participants are focused on key data releases, including the Federal Reserve’s November FOMC minutes and the core …

The second week of October trading began with optimism in North American equity markets despite increased Middle East tensions, ongoing war in Ukraine, a stronger than expected American economy, and weaker than expected numbers from China. China: The National Development & Reform Commission (NDRC), China’s state planner, stated that the …

The US Dollar continued its upward trajectory, reaching new multi-week highs. This surge was primarily driven by rising interest rates and growing speculation that the Federal Reserve might implement a 25 basis point interest rate cut in November. These developments occurred ahead of the highly anticipated release of the US …

The Federal Reserve released minutes from its latest policy meeting on Wednesday, revealing a nuanced approach to monetary policy as the central bank navigates a complex economic landscape. While a majority of policymakers supported a 50 basis points (bps) reduction in the federal funds rate, the minutes also highlighted a …

The Federal Reserve (Fed) is set to release the minutes from its September 17-18 policy meeting on Wednesday at 18:00 GMT. The meeting marked a significant shift in monetary policy as the central bank cut interest rates by 50 basis points, the first reduction in over four years.While the market …