Summary
The second most speculative topic in the financial markets is the pending, if not impending Fed Reserve rate decision four months from now. It was the most consistently active topic until dethroned by the Greek elections and the revival of the euro question two weeks ago. We will look at the current state of the U.S. economy in light of its bearing on the Fed decision. What are the current levels in the equities, currencies and bonds yields telling us? What have Fed officials been saying and how has it changed over the past several months. What is the likely impact of the world economic situation on the Fed decision? There does not seem to be a stable market consensus evident in the trading levels as to when the Fed will move. Commentators have largely chosen June or soon thereafter. Markets as yet, appear undecided. Join us for a thorough review of Fed policy.Latest Live Videos
Editors’ Picks
EUR/USD holds above 1.0700 ahead of key US data
EUR/USD trades in a tight range above 1.0700 in the early European session on Friday. The US Dollar struggles to gather strength ahead of key PCE Price Index data, the Fed's preferred gauge of inflation, and helps the pair hold its ground.
USD/JPY stays above 156.00 after BoJ Governor Ueda's comments
USD/JPY holds above 156.00 after surging above this level with the initial reaction to the Bank of Japan's decision to leave the policy settings unchanged. BoJ Governor said weak Yen was not impacting prices but added that they will watch FX developments closely.
Gold price oscillates in a range as the focus remains glued to the US PCE Price Index
Gold price struggles to attract any meaningful buyers amid the emergence of fresh USD buying. Bets that the Fed will keep rates higher for longer amid sticky inflation help revive the USD demand.
Sei Price Prediction: SEI is in the zone of interest after a 10% leap
Sei price has been in recovery mode for almost ten days now, following a fall of almost 65% beginning in mid-March. While the SEI bulls continue to show strength, the uptrend could prove premature as massive bearish sentiment hovers above the altcoin’s price.
US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets
The core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed positioning. The index is forecast to rise 0.3% on a monthly basis in March, matching February’s increase.