Tag: Central Bank Watch

FOMC : Pardon the interruption

FOMC: Pardon the interruption The FOMC interlude was even less of an event than expected but that belies some of the headline risk creeping back into play, as the market has been waiting for a Whitehouse press release on China tariffs which has left investors to speculate if this will confirm the overnight chatter the […]

BoE Super Thursday to live up to its name

Surely they won’t bottle it again, right? Super Thursday promises to live up to its name one way or another this week, as the Bank of England either raises interest rates to post-financial crisis highs or risks causing unnecessary and significant market volatility. Rate hike priced in but not guaranteed Possible scenarios on Thursday Key […]

Fed decision and US labour market in focus

US consumer data very healthy again in June The US will once again be a focus for investors on Wednesday, as we await labour market data from ADP and the latest interest rate decision from the Federal Reserve. This comes in a week in which we’ve already got some insight into US consumers, with income, […]

USD/JPY consolidates gains made on tariff war hopes

Are seats at the negotiating table being dusted off? News breaking late yesterday that the US and China have plans once again to sit at the negotiating table and hopefully diffuse an escalating trade war helped risk sentiment. The announcement comes ahead of the next scheduled introduction of tariffs on $16b of Chinese imports, possibly […]

Dollar Higher Ahead of Fed Meeting OANDA Market Beat Podcast

OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes. Joining him this week is OANDA’s Vice President of Research Dean Popplewell Subscription available on iTunes https://goo.gl/TZEWRW and GooglePlay https://goo.gl/cRBk39. Tune in every Tuesday and don’t miss a beat […]

Dollar Higher After Trump Administration Reopens Talks with China

The US dollar rose on Tuesday after American inflation data was in line with expectations and consumer confidence came out higher than forecasted. The U.S. Federal Reserve wraps up its two day Federal Open Market Committee (FOMC) meeting on Wednesday at 2:00 pm EDT. The market is not anticipating a major change from the language […]

Trade war breakthrough?

Trade war breakthrough? US markets are off to a rousing start in the wake of a report that US and China are said to restart talks to avert the escalating tit for tat trade war but renewed selling in large-cap tech companies has tempered gains. But indeed any tempering of this confrontational issue ahead of […]

USD/CAD Loonie Higher on Strong Monthly GDP

The Canadian dollar appreciated versus the US on Tuesday after the stronger than expected monthly GDP report. The Canadian economy expanded at a 0.5 percent rate in May versus the anticipated 0.3 percent. The higher annual pace of growth came in at 2.6 percent and has increased the possibility of another rate hike this year, […]

Wall of worry builds around the US tech sector 

Wall of worry builds around the tech sector  US equity markets continue to absorb Facebook’s swoon which is weighing down FAANG’s ahead of Apple earnings announcement on Tuesday. Indeed the markets heavyweight champions are having a rough day, but US markets pruned much of their losses as bank stocks and surging oil prices boosted producers. […]

Busy week in markets gets off to a slow start

Investors encouraged by Trump/Juncker meeting Equity markets are trading slightly in the red in what has been a slow start to an otherwise very busy week in financial markets. Stock markets have been gradually rising in recent weeks, making their way back to the record high levels they achieved earlier in the year before the […]