Pass the heartburn medication, please. Investors had a whirlwind of data and key events to digest last week including monetary policy outlooks released by three major central banks, simmering U.S./China trade tensions, and mixed U.S. economic data. Furthermore, 10-year U.S. … Read More
The markets wrestled with strong headline 2Q U.S. GDP data last week, positive trade chatter between the U.S. and EU coupled with mixed earnings results from some of the biggest companies within the equity indices. The mighty Facebook suffered its … Read More
As expected, the FOMC left the Federal Funds target rate between 1% and 1.25% The FOMC statement was very upbeat citing solid job gains, low unemployment rates, a moderate expansion of household spending, and a pickup in business investment growth. … Read More
While many investors are focused on whether or not the FOMC will raise the Fed Funds rate at its next meeting in September, LIBOR (the London Interbank Offered Rate) has slowly crept up over the past month (nearly 7.5bps in … Read More
Fed Watch – Probability of June Rate Hike Abates June 06, 2016 At a live press conference today at The World Affairs Council of Philadelphia, FOMC Chair Janet Yellen provided her thoughts on US monetary policy and the path of … Read More
In a tale of two central banks, the US Federal Reserve and the Bank of Japan (BOJ), began the week with two opposing market expectations for their respective conclusion of their monetary policy meetings. While the market expected the US … Read More