Market Overview

Despite a change in policy stance being extremely unlikely today, the FOMC announcement is going to be tracked extremely closely by investors and could drive large amounts of market...

Black clouds are forming over the U.S economy as consumer confidence suffers its biggest blow in over four years. The release of the latest CB Consumer Confidence figures underscore the fragility of...

Daily BriefingCurrencies EUR/USD: The pair is trading in a downward channel on a 4 hour time frame. The next resistance is at 1.1216 and the support is at 1.086. USD/JPY: The pair has formed a...

This evening the Federal Reserve will announce its latest policy statement. This announcement comes against the backdrop off falling oil, commodity prices and the collapse in the price of Chinese...

While the markets wait for no man, the FOMC is a different story. Janet Yellen is expected to lead the Federal Reserve into taking the first step toward normalizing monetary policy in the coming...

Some bet for a first rate hike in September, others have hard time imagining Yellen pushing for higher rates any time before December, while a minority expects both a September and a December rate...

U.S. consumer confidence dropped in July to 90.9 from a revised of 99.8 in June, while economists had called for a rise to 100.This is lowest reading since September 2014, noting that June’s...

European shares rose on Tuesday, after witnessing its worst five days drop since the beginning of the year, due to the release of upbeat corporate earnings by European firms.Stoxx Europe 600 index...

EUR/USDToday’s support: - 1.1036, 1.1003 and 1.0983(main), where correction is possible. Break would give 1.0958, where correction also may be. Then follows 1.0934. Break of the latter would...

The most important day of the week is today and investors are going to remain laser focus towards the concluding remarks of the FOMC two day meeting. Investors will endure caution ahead of this...

The Federal Open Markets Committee (FOMC) is due to meet later on today for a two day meeting on the state of the economy and to set monetary policy. They are widely expected to raise interest rates...

• A bit better tone There was a bit better tone to markets today. Chinese stocks were up at the opening and managed to poke their nose above yesterday’s close now and then, although at the...

European futures are pointing to a higher open on Wednesday ahead of the FOMC decision and statement this evening, which could offer clues on the timing of the first rate hike in more than nine...

Waiting on the statementDespite all the news and fears swirling around markets, the past 24 hours have been rather soporific. Tonight’s Federal Reserve meeting is a rather large checkpoint for...