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The Fed is keeping rates unchanged at the 3.50% to 3.75% range – Slightly hawkish tone and the US Dollar is strengthening. Changes to the previous statement include a more robust outlook on employment and the economy – This could take out future cuts but for now participants are awaiting for Powell. The votes for the…
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UPCOMING EVENTS: Tuesday: UK Labour Market report, US NFIB Small Business Optimism Index. Wednesday: Japan PPI, China CPI, UK GDP, US CPI, FOMC Policy Decision. Thursday: Australia Labour Market report, Swiss PPI, Eurozone Industrial Production, US PPI, US Jobless Claims. Friday: New Zealand Manufacturing PMI, BoJ Policy Decision, US University of Michigan Consumer Sentiment. Tuesday…
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