Category: Fed
-
Dollar dragged by 50 bps Fed cut wagers By Reuters
•
LONDON (Reuters) – The dollar traded near its lowest levels this year on Tuesday, on the eve of the expected start of U.S. monetary easing that markets are betting could start with a big interest rate cut. The euro was steady at around $1.1133 by 08:30 GMT, not far from…
-
European Stocks Rise With Data in Focus Before Fed: Markets Wrap
•
(Bloomberg) — European stocks rose as traders awaited a final batch of U.S. economic data that could determine the size of the Federal Reserve’s interest-rate cut on Wednesday. Most Read from Bloomberg Retail and bank stocks led gains on the pan-European STOXX 600, while moves in other markets were muted…
-
The bond market stays in focus in run up to the Fed tomorrow
•
Monthly chart of US 2-year Treasury yields (%) This is one of the key charts to watch in the markets right now. The yield on the 2-year note remains elevated near the 3.55% level but bond investors will have to wait for confirmation from the Federal Reserve tomorrow. Additionally, the…
-
Will the US retail sales report tip the scale to a 50bp Fed rate cut? The ranges to watch.
•
UBS says retail sales data could tip the balance between a 25bp or 50bp rate cut: Retail sales and industrial production data… Weakness in these data could affect the Fed’s decision to cut the federal funds rate by 50 basis points instead of 25 basis points I’m not entirely sure…
-
European shares end marginally lower on tech drag; Fed in focus By Reuters
•
By Shubham Batra and Shashwat Chauhan (Reuters) – European shares closed slightly lower on Monday as losses in heavyweight technology stocks weighed on the index, while the focus remained on the U.S. Federal Reserve, which is widely expected to start its monetary easing cycle this week. The pan-European STOXX 600…
-
US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut By Reuters
•
(This Sept. 13 story has been refiled to remove Mellon’s BNY name in paragraph 8.) By Gertrude Chavez-Dreyfus and Chibuike Oguh NEW YORK (Reuters) – The U.S. dollar fell to its lowest level in nearly nine months against the Japanese yen on Friday after media reports rekindled speculation that the…
-
Short-Term Panic For Bitcoin Likely After Upcoming Fed Rate Cut, Market Expert Warns
•
With the Federal Reserve set to cut interest rates just days away, a cryptocurrency expert has shed light on the implications. BitcoinThe performance of the central bank after the interest rate cut, especially on September 18, has been the subject of much debate within society at large. “High probability of…
-
Short-Term Panic For Bitcoin Likely After Upcoming Fed Rate Cut, Market Expert Warns
•
With the Federal Reserve set to cut interest rates just days away, a cryptocurrency expert has shed light on the implications. BitcoinThe performance of the central bank after the interest rate cut, especially on September 18, has been the subject of much debate within society at large. “High probability of…
-
US interest rate futures see higher odds of super-sized Fed move
•
By Gertrude Chavez Dreyfus NEW YORK (Reuters) – Futures contracts for the federal funds rate, which measures the cost of unsecured overnight loans between banks, priced in a 60 percent chance that the U.S. Federal Reserve will cut interest rates by 50 basis points on Wednesday, London Stock Exchange calculations…
-
Nasdaq, S&P, Dow trade mixed with Fed rate decision looming
•
Traders and investors are watching Wall Street’s major market averages move in a mixed direction on Monday, as market participants prepare for the Federal Reserve’s monetary policy announcement, which is scheduled to be released later in the week. Lead the way down The NASDAQ Composite has been focused on technology.Compound:…
-
Tech stocks drag on S&P 500, Nasdaq as Fed meeting nears By Reuters
•
By Johann M. Cherian and Purvi Agrawal (Reuters) – Technology stocks weighed on Wall Street and the Nasdaq on Monday as caution set in ahead of a pivotal Federal Reserve policy decision later in the week, with most traders pricing in a sharp drop in borrowing costs. Interest-rate-sensitive chip stocks…
-
Dollar retreats ahead of Fed meeting; Euro, sterling rise By Investing.com
•
Investing.com – The U.S. dollar fell on Monday, while the euro and the British pound rose, ahead of the expected start of the Federal Reserve’s interest rate cutting cycle later this week. At 04:35 ET (08:35 GMT), the dollar index, which tracks the greenback against a basket of six other…
-
Dollar weakens, yen strengthens as bets firm on aggressive Fed rate cut By Reuters
•
By Vidya Ranganathan and Samuel Indyk LONDON (Reuters) – The dollar fell and the yen hit its highest in more than a year on Monday as market participants grew more expectant of a large interest rate cut by the U.S. Federal Reserve later this week. The dollar fell to a…
-
Fed Interest-Rate Cut Hopes Lift Yen, Boost Bonds: Markets Wrap
•
(Bloomberg) — Bonds rose as traders braced for the U.S. Federal Reserve to cut interest rates, expectations that also lifted the yen. Most Read from Bloomberg Stock markets began a crucial week with quiet moves, with Europe’s benchmark STOXX 600 index down while US stock futures were flat as investors…
-
Asia FX muted, dollar edges lower as Fed, BOJ meetings loom By Investing.com
•
Most Asian currencies were little changed in thin holiday trade on Monday, while the dollar fell as markets awaited a Federal Reserve meeting where the central bank is likely to cut interest rates. Regional trading volumes were thin due to holidays in markets in Japan, China and South Korea. But…
-
Asian Stocks Swing as China Data Offset Fed Bets: Markets Wrap
•
Breadcrumbs Path Links PMN Business Asian stocks moved between losses and gains on Monday, as expectations of a rate cut by the US Federal Reserve receded due to signs of continued stagnation in the Chinese economy. Article author: Bloomberg News Catherine Bosley Published on September 15, 2024 • Last updated…
-
Asia stocks on tenterhooks as Fed faces crunch time By Reuters
•
By Wayne Cole SYDNEY (Reuters) – Asian shares opened cautiously on Monday in a week that is almost certain to see the start of a U.S. easing cycle, with the only question mark being the size of the cuts as markets were divided over the likelihood of a major move.…
-
Paulson on CNBC: He favors a 50 basis point cut by the Fed
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
Will Fed rate cuts really be negative for USD/JPY? By Investing.com
•
The potential impact of a Fed rate cut on the pair is a critical issue for investors and currency strategists, especially as we approach a potential Fed rate cut in 2024. With the Fed and the Bank of Japan’s divergent monetary policies, market participants are divided on whether interest rate…
-
Wall Street advances as traders’ bets rise for bigger Fed rate cut By Reuters
•
By Sinead Carew and Shashwat Chauhan (Reuters) – Wall Street’s main indexes ended higher on Friday as investors focused on the chance of further interest rate cuts by the Federal Reserve next week, with interest-rate-sensitive small-cap stocks outperforming. Bets on the size of the Fed rate cut were mixed, and…