3d house from the money dollars. Business concept

FOMC, RBNZ Unchanged, BoJ surprises – JPY tumbles

Yesterday, The FOMC kept rates unchanged at 0.5% as we expected, but markets reacted very turbulent with first sending the US Dollar higher as the reference to global risks were removed, but ended the day trading lower as the market realised that no rate hikes were mentioned in the statement. Interest rates in the US […]

Tokijska Gieda Papierw Wartociowych

Busy week ahead – Central Banks, GDPs in focus

Despite an upbeat close in the US equity markets on Friday, Asian equities have softened going into this week on back of a drop in oil, which seems to be the main driver for risk taking at the moment. In currencies, the weakened considerably last week on speculation that the Bank of Japan would introduce […]