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What To Expect From FOMC Minutes? Market predictions and reactions
The following are the expectations for today's FOMC minutes from the October meeting as provided by the economists at 15 major banks. Goldman Sachs: We expect that the language around forward guidance (including "considerable time") and the assessment of "significant underutilization" in the labor
Trade Of The Week
Currency investors should consider selling GBP/JPY this week, advises CitiFX in its weekly FX pick to clients. " Sell GBP/JPY at 130.55, target 127.10, stop loss 132.60 ," Citi advises. *Citi weekly trades provide short term guidance on where they see 1-2 week opportunities in G10 FX markets. Unless
Market Views For 2016
Top 5 FX Market Views For 2016 - BTMU "In December 2014, we ended the year with a piece outlining what we thought would be our key views for 2015 in the foreign exchange market . To recap they were 1) US dollar rally set to extend further; 2) Sell-off in emerging market currencies to intensify; and
Brexit: Everything You Need To Know
In just a few days, it’s conceivable that the European Union’s political and economic future could be reshaped by the UK’s June 23-scheduled referendum vote regarding whether Britain should retain membership in, or exit, the EU. Popularly known as ‘Brexit’ – shorthand for Britain Exit—the vote
Daily market moving news
December inflation highlights in the PCE report: Prior was 1.3% y/y (revised to +1.4%) Core PCE 0.0% vs 0.1% m/m expected Prior core PCE +0.1% m/m (revised to +0.2%) PCE deflator 0.6% y/m vs 0.6% y/y expected Prior PCE deflator 0.4% y/y PCE deflator -0.1% vs 0.0% exp Prior PCE deflator 0.0% m/m
NZD news
NZD traders - Fonterra says NZD is high, impacting milk price and forecasts Global dairy giant Fonterra comments Announced an opening forecast farmgate milk price of $4.25 per kgms for the 2016/17 season Say "conditions on farm are very challenging" Says "we are expecting global dairy pricing to
AUD news
RBA's Kent: Depreciating AUD could be a buffer for negative events Reserve Bank of Australia's Christopher Kent, Assistant Governor (Economic) Our central forecast is China will see further gradual moderation in growth over next few years Chinese policy so far has tended towards more accommodative
Major Currencies Forecasts
Major Currencies Forecasts
HFT Stock Manipulation In Action
Trading has a few simple rules - do the opposite of Goldman's Thomas Stolper; don't fight the Fed; and buy low, sell high. However, as this series of charts from Nanex shows, it is the latter rule that is the easiest to comprehend and yet - thanks to massive and obvious HFT manipulation - is an
Euro Dollar Rate Forecasts for 2014-2015
The euro dollar exchange rate could eventually succumb to a low of 1.10 by the time November 2015 comes about. A set of forecasts on the EUR/USD for 2014-2015 warns of significant weakness ahead with Barclays reckoning the figure of 1.10 is achievable. We also catch a glimpse of analyst expectations