Daily Market Roundup: Fed action in April possible, Outlook for UK economy



Zak Mir, Technical Analyst for Zak's Traders Cafe, was alongside Marc Ostwald, Strategist for ADM Investor Services, when he opened the Tip TV Finance Show to discuss the latest macroeconomic news including focus on the two Federal Reserve members pointing to a rate hike in April, plus a view on the UK economy after inflation and public sector borrowing numbers.

Topics Covered: Federal Reserve, Interest Rates, UK, Asia, Gold, S&P 500, ECB, BP, BRBY, STJ

We are not authorised by the Financial Conduct Authority of England and Wales. The information and/or data on this website is provided by us and any data providers which may be used by us for your general information and use only and is not intended for trading purposes or to address your particular financial or other requirements. In particular, the information and/or data on the website:

(1) does not constitute any form of advice (financial, investment, tax, medical, legal, spread -betting or otherwise); and (2) does not constitute any inducement, invitation or recommendation relating to any of the products listed or referred to; and (3) is not intended to be relied upon by you in making (or refraining to make) any specific investment, placing any bet or making any other decision; and (4) has not been issued or approved by Tip TV for the purposes of section 21 of the Financial Services and Markets Act 2000 (as amended from time to time).

Opinions expressed by speakers in the videos, writers of the blogs are only opinions and not expert advice. These opinions do not necessarily agree with those held by Tip TV, its directors, agents or employees who disclaim any intent to make betting, securities or securities markets recommendations. The value of investments and the income derived from them may fall as well as rise. APPROPRIATE EXPERT INDEPENDENT ADVICE SHOULD BE OBTAINED BEFORE MAKING ANY INVESTMENT, PLACING ANY BET OR MAKING ANY OTHER DECISIONS.

Recommended Content


Recommended Content

Editors’ Picks

AUD/USD remains under pressure from RBA rate decision

AUD/USD remains under pressure from RBA rate decision

AUD/USD spiked lower by more than 20 pips following the RBA rate announcement to test the key psychological support at 0.6600.  Losing this key level could see the currency pair trek lower towards the 100-hour EMA support near 0.6580. 

AUD/USD News

USD/JPY extends recovery above 154.00, focus on Fedspeak

USD/JPY extends recovery above 154.00, focus on Fedspeak

The USD/JPY pair trades on a stronger note around 154.10 on Tuesday during the Asian trading hours. The recovery of the pair is supported by the modest rebound of US Dollar to 105.10 after bouncing off three-week lows. 

USD/JPY News

Gold price extends its upside as markets react to downbeat jobs data

Gold price extends its upside as markets react to downbeat jobs data

Gold price extends its recovery on Tuesday. The uptick of the yellow metal is bolstered by the weaker US dollar after recent US Nonfarm Payrolls (NFP) data boosted bets that the Federal Reserve would cut interest rates later this year.

Gold News

Bitcoin miner Marathon Digital stock gains ground after listing by S&P Global

Bitcoin miner Marathon Digital stock gains ground after listing by S&P Global

Following Bitcoin miner Marathon Digital's inclusion as an upcoming member of the S&P SmallCap 600, the company's stock received an 18% boost, accompanied by an $800 million rise in market cap.

Read more

The impact of economic indicators and global dynamics on the US Dollar

The impact of economic indicators and global dynamics on the US Dollar

Recent labor market data suggest a cooling economy. The disappointing job creation and rising unemployment hint at a slackening demand for labor, which, coupled with subdued wage growth, could signal a slower economic trajectory. 

Read more

Majors

Cryptocurrencies

Signatures