Tag Archives: FOMC
The greenback remains apprehensive
EUR: we remain negative on the single currency As expected, the European Central Bank kept its monetary policy on hold last week,
US markets shout – we can handle a taper
The market response to the data was almost more interesting than thepayrolls data itself. Equities, Bonds, Gold, and currency market all sent avery consistent message to the Fed – ‘we can handle near-term tapering’.
US Morning Update
Major Overnight Headlines * Key parameters of stress test exerceise to be announced by the end of January, Draghi says
FOMC minutes: Fed wants to taper but need more data
The tone of the October FOMC minutes is in line with Bernanke’s comments yesterday night and to the hawkish side of market expectations.
New Financial Forecasts
Norway: We expect Norges Bank to cut rates by two times 25bp next summer. There will however not be any such signals at the upcoming MPC meeting in December.
The Global Macro Pulse
Overnight Price Action S&P futures are up 0.2% in Asia following a 0.8% rally in the S&P 500 overnight partly in response to the dovish tone of Janet Yellen’s prepared testimony.
Monthly Economic Outlook
If It Seems too Good to Be True, It Probably Is With the partial federal government shutdown behind us, attention is now focused on its impact to overall economic growth.
FX Daily Strategist: Europe
Post-FOMC price action shows market too short USD The FOMC left its policy message largely unchanged from the September statement.
Daily FX Wrap and Strategy
The NZD/USD traded a fairly tight trading ahead of this morning’s US FOMC meeting. Breaking lower after the meeting it sits around 0.8200 currently.
This Time Around, the FOMC Did Deliver… the Uneventful Communiqué Everybody Was Expecting
The Federal Open Market Committee today kept the target range for the federal funds rate unchanged at 0.0% to 0.25%.
US FOMC Left Fed Funds Target Unchanged and Maintained Size of Monthly Purchase Program
The Federal Open Market Committee (FOMC) maintained the size of its securities purchase program at $40 billion of agency mortgage-backed securities (MBS) and
Tapering is on hold, not off – FOMC statement
The FOMC today signalled that tapering of the central bank’s asset purchases is just on hold, and not off, in line with our expectations.