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Fed Meeting: What You Need To Know: Federal Reserve officials are widely expected to leave interest rates unchanged near zero when they conclude a two-day policy meeting on Wednesday. However, it may be unwise to label this meeting a non-event given the… https://t.co/JLBtHz9BcV
Dovish Fed and big earnings surprises send US stocks to new records: Whoever thought the robust economic figures produced by the US economy over the past few weeks would alter the Fed’s thinking, even slightly, was totally mistaken. The economy is firing… https://t.co/K7Tl3fAj4i
Technical Outlook: DXY Bounces Off 2-Month Lows: After being bruised and beaten by a dovish Federal Reserve on Wednesday evening, the Dollar used today’s trading session to nurse its wounds. The Greenback appreciated against most G10 currencies on… https://t.co/YbhBxdaHgX
Risk mood heats up: The broadest gauge of world stocks covering 50 markets, the ACWI is little changed today after hitting historic highs yesterday and extending its gains this month to 5.1%. US stock markets also made fresh record peaks, with the S&P500… https://t.co/mkuNV7lAJX
Week In Review: Dovish Fed, US GDP Jumps, Blockbuster Tech Earnings: It was certainly another eventful week for financial markets. Global stocks held near record highs on Monday as investors looked ahead to a week dominated by key economic data and… https://t.co/HgFWSXecIH
Key events this week: US jobs report could move markets: Will the market adage of “sell in May and go away” ring true as we enter this infamous month? Perhaps it’s prudent to consider the average performance of the S&P 500 over the past 20 years. For the… https://t.co/aC2GdLhzJu
After a challenging month, will the dollar recover?: The month of April was not a good one for dollar bulls. The greenback has posted its first monthly decline of 2021, erasing over 2 per cent of its value against six major currencies. According to the… https://t.co/lFA5wGUbe4
Dollar to be weighed down by dovish Fed: The dollar index (DXY) yesterday pared some of Friday’s gains, dipping below the psychological 91 mark before resurfacing. The dollar’s declines come as Fed Chair Jerome Powell reminded markets that the US… https://t.co/xXwqJGaro2
Technical Outlook: Yen Crosses Under the Spotlight: A sense of caution enveloped financial markets on Tuesday amid reports of military tensions between China and Taiwan. The negative mood weighed on global equities while boosting appetite for safe-haven… https://t.co/evm4rUt7NJ
Earnings Preview: Uber to drive past pandemic woes?: America’s largest ride-hailing platform is set to announce its Q1 results after US markets close on Wednesday. Investors want to know how much Uber’s services are back in demand, as lockdown measures… https://t.co/A8CnyIkb4Y
Stock markets rebound, Dollar on standby: Global equity bulls were back in action on Wednesday, shaking off jitters triggered by China-Taiwan tensions and comments from Treasury Secretary Janet Yellen. European markets closed green thanks to… https://t.co/WMb2ZyOxt6
EURUSD forms death cross: The world’s most traded currency pair could be about to drop further. EURUSD has formed what’s known as a “death cross”, whereby its 50-day simple moving average has crossed below its 200-day counterpart. Such a technical event… https://t.co/1LNuJYg3Z6
Investors awaiting US jobs report before making the next move: US equity futures are struggling for direction this morning after a late tech selloff yesterday sent the Nasdaq lower for a fourth consecutive session. But the Dow Jones Industrial Average… https://t.co/tGGU03G4tq
Sterling Whipsaws On BoE Rate Decision: Sterling was injected with a burst of volatility on Thursday after the BoE announced they will reduce the pace of weekly asset purchases to £3.4 billion from the previous rate of £4.4 billion. As widely expected,… https://t.co/ObK1cu9MYq
US stocks to climb on jobs optimism: Asian markets are climbing on the back of Thursday’s gains for US benchmark indices, following fresh signs that the US economy is healing from the wounds inflicted by the pandemic. The S&P 500 is now just 0.23% away… https://t.co/eR46UXw6oi