Wall Street closed with broad losses, but sentiment stabilised somewhat overnight, with China bourses outperforming. Japanese markets didn’t benefit from the BoJ’s ongoing commitment to its ultra-accommodative policy settings and the Yen sold off as the BoJ kept monetary policy parameters unchanged. European futures are in the red, US futures slightly higher, as markets continue
US: The Fed left interest rates unchanged as expected. The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and the Dot Plot showed that the majority of members still expects another rate hike by the end of the year with less rate cuts in 2024. Fed Chair Powell reaffirmed
Number of traders net-short has decreased by 20.26% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI Germany 40 BEARISH 50.07% 49.93% 40.72% Daily 60.80% Weekly -16.90% Daily -20.26% Weekly 4.54% Daily 6.67% Weekly of clients are net long. of clients are net short. Change in Longs
Gold (XAU/USD) Analysis, Price, and Chart US 2yr yields near highs last seen in 2007. Gold unable to break resistance ahead of the latest Fed decision. Learn How to Trade Gold Recommended by Nick Cawley How to Trade Gold US Treasury yields are pressing against multi-year highs as markets continue to price in higher inflation
© Reuters. Investing.com– Most Asian currencies moved little on Friday as markets continued to fret over higher U.S. interest rates, while the yen came close to 10-month lows after the Bank of Japan maintained its ultra-dovish policy. The dollar remained relatively well-bid in Asian trade, recovering a measure of overnight losses. The and rose about
Share: The Bank of England (BoE) held its policy rate steady at 5.25%. The decision represents a loss of interest rate support for the Pound, economists at Wells Fargo report. Policy rate pause could also be a policy rate peak We now forecast that the current policy rate of 5.25% will be the
Market sentiments continue to reel in from the post-Fed meeting jitters (DJIA -1.08%; S&P 500 -1.64%; Nasdaq -1.82%), as the US 10-year Treasury yields rose to another fresh 17-year high near the 4.50% handle amid a high-for-longer rate outlook. Some resilience in the US labour market, reflected from lower-than-expected read out of US jobless claims
The firm sees the BOE keeping the bank rate steady at 5.25% until year-end before starting to cut rates in May 2024. They see the bank rate falling to 4.00% by the end of next year. They now join the likes of Goldman Sachs, BNP Paribas, and Barclays in making a similar call. لینک منبع
Hawkish Fed Pause Continues to Weigh on Risk Assets لینک منبع : هوشمند نیوز
US Dollar, Japanese Yen, USD/JPY, Bank of Japan – Talking Points: BOJ kept negative rates on hold. JGB 10-year yield target and band maintained. What is the outlook for USD/JPY and what are the signposts to watch? Recommended by Manish Jaradi How to Trade USD/JPY The Japanese yen tumbled against the US dollar after the
