European equity close: Solid bounce back
Closing changes for the main equity bourses: UK FTSE 100 +1.0% French CAC +1.6% German DAX +1.2% Spain IBEX +0.9% Italy MIB +1.7% The DAX hit the highest in a… Read more »
Category: News
USD Primed for FOMC Minutes, Jackson Hole
US Dollar Talking Points: US Dollar Finds Resistance After Last Week’s Recovery Rally The US Dollar is now flat for the week as a couple of key drivers on the… Read more »
SEC’s Custody & Manipulation Concerns Still Plague Bitcoin ETF
When Tyler and Cameron Winklevoss, the twin-brother founders of the Gemini cryptocurrency exchange, submitted an application for a Bitcoin-based ETF just over one year ago, the excitement was palpable. In… Read more »
Fed’s Kashkari argues for rate cut and use of forward guidance in September meeting
The perennial dove on the Fed board states his case via the Financial Times Argues to not only cut rates in September, but also use forward guidance to provide even… Read more »
Risk mood remains buoyant in European morning trade
Treasury yields continue to push higher on the session ForexLive 10-year yields are now up by more than 4 bps to nearly 1.60% with US futures also trading at the… Read more »
FOMC Minutes Ahead, However, Jackson Hole Takes Precedence
Gold Price Analysis and Talking Points: Gold Consolidates Around $1500 Jackson Hole Takes Precedence See our quarterly gold forecast to learn what will drive prices throughout Q3! Gold Consolidates Around… Read more »
Euro struggles vs dollar as attention turns to Fed By Reuters
© Reuters. Signs of U.S. dollar and Euro are seen at a currency exchange office in Istanbul By Tommy Wilkes LONDON (Reuters) – The euro struggled to make headway against… Read more »
US Dollar May Rise vs Euro if FOMC Minutes Cool Fed Rate Cut Bets
FOMC Meeting Minutes, US Dollar – TALKING POINTS US Dollar may rise vs Euro if FOMC minutes disappoint market expectations Investors have been heavily piling in Fed rate cut bets… Read more »
Markets Mixed as Traders Await FOMC Minutes, Jackson Hole
Asian stocks were mixed on Wednesday morning as traders remained concerned about the state of the global economy and eager to receive the FOMC minutes from the July Federal Reserve… Read more »
‘Risk’ moves in Asia forex, AUD/JPY higher
Sentiment is positive for risk on the session here so far, with AUD and NZD benefitting while yen loses ground The oft-cited forex ‘barometer’ for risk is AUD/JPY, which is… Read more »