About: anakin
Recent Posts by anakin
Bank of England and Swiss National Bank follow Fed in increasing interest rates
On Wednesday, U.S. central bank officials raised interest rates to a new range of 3.0% to 3.25%. Policymakers also expect to lift rates higher than before and maintain that level, projecting the fed funds rate rising to 4.4% by the end of this year and 4.6% by the end of 2023. Numerous central banks fromContinue Reading
Fed raise Rate by 75 bps
US stocks tumbled on Wednesday, suffering from heavy losses and extended their intra-day slide as traders were overwhelmed by the many headlines that followed the Federal Reserve decision. The American central bank hiked the benchmark rate by 75 bps to 3.25% as widely anticipated, meanwhile spurring volatility across the FX board and exerting bearish pressureContinue Reading
Market awaits Fed rate decision, expects another 75bps hike
US stocks declined on Tuesday, coming under bearish pressure and suffered daily losses as traders are bracing for a hawkish Federal Reserve that’s expected to boost rates to levels not seen since before the 2008 financial crisis. The US Federal Reserve will announce its monetary policy decision during the US trading session on Wednesday, whichContinue Reading
Market remains wait-and-see, US Stocks got pushed
US stocks staged a goodish rebound on Monday, regaining upside strength and pushed higher in the final hour of the US trading session as financial markets will likely remain in wait-and-see ahead of central banks’ decisions. Traders are geared for another super-sized US rate increase amid multiple central banks’ announcements scheduled for later in theContinue Reading
Week Ahead: Central Banks in Focus as Markets Await Next Steps
Four central banks will announce their interest rate decisions this week, with the Fed’s decision and its monetary policy the main focus. Data releases from the US, Australia, Canada, Germany, the UK, and France will also take place this week. Australia Monetary Policy Meeting Minutes | 20 September 2022 The Reserve Bank of Australia raisedContinue Reading
