Tag Archives: FOMC

US Morning Update

Major Overnight Headlines Spanish Q3 GDP rises 0.1% QoQ, in-line; CPI falls 0.1% YoY, first decline since late 2009

FX Daily Strategist: Europe

Japanese output surge supports the Nikkei……USDJPY to follow Japan’s factory output rebounded in September to its highest level in nearly one-and-a-half years at 5.4% y/y.

FX Daily

Market movers today * The statement from the October FOMC meeting is due for release tonight at 19:00 CET.

Daily FX Wrap and Strategy

A weak AUD/USD and broad-based gains in the greenback have spelled double trouble for the NZD//USD over the past 24 hours. The currency is around 0.8% below levels this time yesterday,

Tapering is on hold, not off – FOMC preview

Tomorrow’s FOMC meeting is not expected to rock the boat. In the post-meeting statement the key issue to keep an eye on is the Fed’s forward guidance on its asset purchases for

FOMC preview: dovish tone and no change in policy

* The weak trend in job growth over the past three months coupled with what appears to be a general loss of momentum in economic activity recently has shifted our expectation for

US Morning Update

Major Overnight Headlines • ECB’s Coeure says Euro Area can put banking system ‘on a sounder footing’, Thomson Reuters

FX Daily Strategist: Europe

The USD heading into the FOMC History has gone against the USD heading into FOMC meetings; the USD has gained ground only once following an FOMC meeting this year.

Global growth outlook unaffected by US political drama

* We have left our global economic growth forecasts unchanged at 2.8% for 2013 and 3.6% for 2014.

Daily FX Wrap and Strategy

Global markets are in a more optimistic mood this morning as signs of progress slowly emerge in US Congress.But while most ‘risk-sensitive’ assets have received a clear boost,

Daily FX Wrap and Strategy

ANZAC outperformance has been the main story of the night, with the NZD and AUD holding firm despite a general strengthening in the greenback.

Minutes: Most saw QE tapering this year

Evidently there was a lengthy debate between those who wanted to wait and those who favored a small reduction in bond purchases in September already.