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FOMC Decision: Considering the balance of risk
The big focus of the day is unquestionably the Fed policy decision. As things stand, the recent shakeup in the banking world has forced a repricing of market expectations, with the Fed now only expected to raise by 25 basis points later today, while at the same time delivering a more dovish leaning communication. Special […]
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Reassurances galore
Janet Yellen’s pledge of support to the US regional banks was well received by the market on Tuesday. This along with ongoing reassurances across many official bodies both within the US and beyond, have done a good job bolstering sentiment, with US equities leading the recovery charge. Audio Update Technical highlights EURUSD Looking for next […]