Special report: Fed Policy, Stocks and Bubbles
The record high US equity market is at even greater risk for an intensified decline in light of last week's Fed decision. Last week, the Fed had plenty of good reason to backtrack on policy guidance and yet, it didn’t.
Next 24 hours: GBP Whips Around But FX Mostly Quiet
This week's quiet economic calendar is definitely keeping ranges tighter right now, with the developed currencies confined to trading within 0.4% of Tuesday's closing levels. We did however get some intraday volatility in the Pound.