Tag Archives: FOMC
US FOMC Left Fed Funds Target and Purchase Program Unchanged
• The Federal Open Market Committee (FOMC) maintained the fed funds target in the 0.0% to 0.25% range,
US: what to watch for in tonight’s FOMC statement
There will be no press conference nor updated economic projections following tonight’s FOMC statement, which we expect to include only limited new information.
The Fed Remains the Main Game
Over the next few days the main game for FX markets will be deciphering the latest salvos from major central banks.
The Global Macro Pulse
Most equity markets opened lower ahead of the FOMC with the exception of Chinese shares, which rallied on the back of the China Politburo’s statement overnight.
FX Daily Strategist: Europe
Canada May GDP data should support the CAD Today’s monthly gauge of Canada’s GDP should reinforce our constructive view on CAD: GDP is likely to have expanded for a fourth consecutive month in May with our economists expecting a 0.3% m/m rise.
August is the time to re-build USD longs
Our positive dollar view has been driven by two factors over the course of the year. First, the re-pricing of the Fed.
What to expect from the July FOMC statement
With the market strongly expecting this course of action, the most likely (and least risky for the Committee) outcome for the July 31 statement
FX Daily
Market movers today • All eyes will be on this evening’s FOMC statement. We do not expect any changes in policy but
FX Daily Strategist: US
USD picture still clouded heading into FOMC The news overnight has contributed to some support for USD.
Moving closer towards tapering – FOMC preview
The Fed is unlikely to change its asset purchases and forward guidance at this week’s two-day FOMC meeting, which concludes tomorrow (Wednesday).
FX Daily Strategist: Europe
Weaker economic news and dovish RBA policy rhetoric weigh on AUD Overnight economic and policy news weighed on risk sentiment as RBA governor Stevens prepared the ground for a potential rate cut: