By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares struggled for direction Tuesday morning as concerns about inflation and the outlook for economic growth weighed on sentiment. Overnight, Wall Street’s main
By Jeffrey Halley You had the feeling that Wall Street, with perpetually itchy buy-button trigger fingers, was primed for this FOMC. As expected, the FOMC raised the Fed Funds target by 0.75%,
By Jeffrey Halley After what seems like an interminable wait, we are finally at FOMC day. Markets have baked another 75 basis points into their loaves of bread, but it’s going to
By Jeffrey Halley Markets were quiet overnight ahead of a deluge of tier-1 earnings, data, and the US FOMC policy decision over the rest of the week. Equities, currencies, oil and precious
By Jeffrey Halley This month has dragged on and seems to be lasting forever, with the US FOMC policy meeting falling at the end of the month, instead of its usual mid-month
By Jeffrey Halley Volatility was the winner overnight, with a multitude of data points and events leaving market price action messier than a teenager’s bedroom. The European Central Bank surprised markets by
By Jeffrey Halley The bear market rally looks well and truly back on track, thanks to one of the stranger things I have seen in 2022; Netflix losing only 1 million subscribers
By Lukman Otunuga, Senior Research Analyst at FXTM A sense of caution has taken hold of financial markets as investors adopt a guarded stance ahead of another week packed with key economic
By Jeffrey Halley Wall Street did another U-turn overnight, finishing lower as the dearth of tier-1 data and the pre-FOMC media blackout left the FOMO gnomes chasing their tails once again. Wall
By Jeffrey Halley Last Friday’s Wall Street price action was enough to spark risk sentiment rallies on forex markets, led by the usual suspects, the Euro and the Australian Dollar, although not
