What To Expect From FED’s Policy Meeting Today At 1800 (GMT)

he Federal Reserve kicks off its two-day policy meeting today, at which it is not expected to take action on interest rates, though it could point the markets toward the rate hike widely expected in December. The policy meeting takes place just days before President Donald Trump names a new Fed chair on Thursday to […]

How to trade the new FED chair appointment?

It seems that the message of President Donald Trump to Janet Yellen, when choosing a new FED chairman, is “You’re Fired!”. Jerome Powell is the most speculated name to be appointed, who is not even an economist. Currently, the market estimates its chances at 80%. Assuming you understood who would elect the president, the most […]

Gold Prices Slide to 2-1/2-Week Low

Gold prices slumped to their lowest level in more than two weeks on Wednesday, following a report that Republican senators were leaning towards John Taylor to be the next Federal Reserve chief. U.S. President Donald Trump used a luncheon with Senate Republicans on Tuesday to get their views on who he should tap to be […]

What to Watch Tuesday: Federal Reserve Meeting Begins

On Tuesday, December 13, the Federal Reserve’s two-day policy meeting begins. Investors are pricing in a 95% chance that the Fed announces a hike to short-term interest rates. Such a decision, won’t be announced until the Fed releases its December statement at 2 p.m. Eastern on Wednesday. As for economic data, the National Federation of […]

Dennis Lockhart expects cautious and patient approach to rate hikes

In a statement at 18:15 the FED member for Atlanta Dennis Lockhart expects cautious and patient approach to rate hikes. Here is the most important from his speach: Calls June job growth ‘strong and quite broad based’. Uncertainty around Brexit, though not a “Lehman moment” could weigh on business investment and create an income headwind […]

Most important from the FOMC meeting minutes

1. Officials generally agreed it was prudent to wait for additional data on jobs and the impact of the Brexit vote 2. Most noted Brexit vote could generate financial market turbulence that could hamper economy 3. Some noted continued uncertainty regarding outlook for China’s policy 4. Many noted that May employment report likely understated jobs […]

Fed’s Lockhart: Hike possible as early as April

The Federal Reserve could hike interest rates as early as next month, Atlanta Federal Reserve President Dennis Lockhart said Monday. The Federal Open Market Committee’s “patient approach” in keeping its interest rate target unchanged last week made sense, he said in prepared remarks for the Rotary Club of Savannah. The FOMC next meets on April […]

Why the Fed should stun Wall Street with a rate hike

When it comes to the tricky task of raising interest rates, the Federal Reserve likes to prep investors before pulling the ripcord. It sees this as a way to prevent markets from reacting violently to unexpected news. But this approach failed in December, when a well-telegraphed rate hike was followed by weeks of extreme volatility. […]

Calmer markets, positive data prime Fed to push ahead with rate rises

Barely a month ago Federal Reserve Chair Janet Yellen cut an isolated figure in her semi-annual testimony to Congress, forced to defend the U.S. central bank’s data-dependent approach while around her stocks plunged and oil prices sagged. But a recent string of positive economic news has dragged markets back closer to the Fed’s overall outlook, […]

Calendar for ECB meetings for 2016

10 March:              Frankfurt 21 April:                Frankfurt 2 June:                   Vienna 21 July:                  Frankfurt 8 September:        Frankfurt 20 October:           Frankfurt 8 […]