Awaiting the Fed minutes

By Craig Erlam Equity markets appear to be treading water on Wednesday as we await the latest batch of FOMC minutes later in the day. Asia played catchup overnight after Europe and

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FOMC minutes settle nerves

By Jeffrey Halley  The FOMC Minutes, released overnight, settled a few nerves, temporarily signalling another couple of 50bps rate hikes in June and July before a pause in September. The dreaded 75bps

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Least worst choices

By Jeffrey Halley  The Reserve Bank of New Zealand raised policy rates by 0.50% to 2.0% Wednesday morning, with Governor Orr setting a hawkish tone in the press conference afterwards. In the

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