Tag: Jerome Powell

forex and crypto market analysis
August 28, 2020 BY Valentina Kirilova

Daily Market News: Japanese equities fall and yen surges on rumours Prime Minister Abe to resign

WPP jumps after reinstating dividend The FTSE 100 fell 0.8% on Thursday, with gains from companies including advertising firm WPP and British Airways parent IAG failing to outweigh losses from firms such as housebuilder Persimmon, chemicals firm Johnson Matthey and miner Anglo American. WPP stock jumped 6.6% as despite delivering a multi-billion pound loss, the…

Read more
weekly markets analysis
May 18, 2020 BY Valentina Kirilova

Weekly data preview: more stimulus in view from the Fed

Key data points Bold indicates the most important release for this symbol. Tuesday 19 May, 20.30 GMT: API crude oil stock change: previous 7.6 million Wednesday 20 May, 14.30 GMT: EIA crude oil stock change: previous negative 750,000 Friday 22 May, 17.00 GMT: Baker Hughes Oil Rig Count: previous 258 Euro-pound, daily The upside seems…

Read more
Daily Market analysis
May 14, 2020 BY Valentina Kirilova

Daily market commentary: The US Dollar Index continues to rise

EUROPEAN SHARES  European shares drifted lower on Thursday alongside Asian equities and US Futures on the S&P 500 as market sentiment slowly fades. Investors, who were already sceptical about further gains on stocks, have seen their risk appetite slashed by yesterday’s comments from Jerome Powell. The Fed chairman added to the current uncertainty by warning…

Read more
Daily Market analysis
September 19, 2019 BY Valentina Kirilova

Daily market commentary: The Fed delivered a ‘hawkish cut’

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for September 19, 2019. See details below: FOREX With yesterday’s long-time-coming announcement of a 25 basis points rate cut and subsequent hawkish performance by Chairman Jerome Powell, the North American central bank left the markets guessing. Mr Powell’s message hinted at moderate…

Read more
Daily Market analysis
July 12, 2019 BY Valentina Kirilova

Daily market commentary: The US Dollar continues to record losses

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 12, 2019. See details below: FOREX The US Dollar continues to record losses against other major currencies, as the momentum started earlier in the week keeps the greenback under selling pressure. Following much better than expected US employment figures, the…

Read more
Daily Market analysis
July 10, 2019 BY Valentina Kirilova

Daily market commentary: The US Dollar Index is trading flat

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 10, 2019. See details below: FOREX The US Dollar Index is trading flat on Wednesday, hovering just above 97.00, as investors await the testimony of the Federal Reserve’s chairman, Jerome Powell, to the Financial Services committee of the US congress.…

Read more
forex market crypto news and updates
July 09, 2019 BY Valentina Kirilova

Daily Market News: Powell to the People!

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 9, 2019. The text below is an excerpt and does not contain the full analysis. Even though major central bankers like Mark Carney and Jerome Powell don't see Facebook's upcoming Libra coin as a…

Read more