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Banxico cut rates by 25 bps, leaving the reference rate at 7.75%
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S&P is positive on the year | Forexlive
The major US indices closed higher once again with the NASDAQ index leading the way with a gain of 1.61%. Today’s move was fueled by the expected CPI data (0.2% for the headline and core measure versus 0.3% expected). The S&P index is now positive on the year by 0.08%. The NASDAQ index is within…
Recession Fears Assuaged by Data – Currency Thoughts
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Forex analytics. The dollar’s appetite has been ruined – ForexNews.PRO
Risk aversion. This is how the markets reacted to the completion of the shutdown. Stock indexes have moved to the stage of selling facts, and the “hawkish” rhetoric of FOMC officials has added fuel to the fire of the fall of the S&P 500. The chances of a federal funds rate cut in December have…
