FOMC Begins to Raise Rates to Get Inflation into Check - March 19, 2022 11:27

The Federal Open Market Committee raised the federal funds rate by 0.25 at the conclusion of Wednesday’s two-day policy meeting. This brings the target range from 0.25 to 0.50 percent. This is the latest step in the recovery of the US economy from the pandemic, and it’s the most significant to date to fight the […]

Dow Jones Tussles With April Highs as US Dollar Begins to Retrace - May 11, 2018 16:38

After a mixed to down first quarter the Dow Jones index and US stocks are back on the rise. The Dow Jones price has gained over 1000 points since the low in early May, and is now sitting exactly at the April highs as the middle of the month passes. The US Dollar finally gave […]

Crypto Markets Crumble But Don’t Be Fooled - March 19, 2018 0:16

So it seems the haters were correct. The crypto market bubble did actually burst. Back in late 2017 some famous faces chipped in their opinions on the magnificent rally that crypto was making. Luminaries such as Jordan Belfort declared Bitcoin’s price a bubble, Warren Buffett said he was almost certain it would end badly. These […]

Dow Jones Stumbles and Reverses on Fed Unchanged Interest Rate - September 21, 2017 11:02

The US federal reserve released their quarterly interest rate decision in the United States. They left rates on hold for the next period but hinted at a rate hike maybe on the cards before the end of this year. Once again the Federal Reserve suggested that interest rates are due to rise again. Even though […]

Interest Rates Abound as Election Time Looms - November 1, 2016 11:57

As we move ever closer to the US election, what more could you ask for than a week packed with highly anticipated economic data? Expect Gold and stock indices to be volatile as we move into the second half of the week. Here’s a quick rundown of what’s about to land. Already, as of Tuesday […]

Fed Meeting Set To Show The Way - September 21, 2016 12:30

The next installment of the Federal Reserve meeting, with the press release that is published at close the meeting of the Monetary Policy Committee. This is followed by a press conference hosted by the president of the Fed, Janet Yellen. All eyes are on comments surrounding interest rates, and how the Fed see’s the economy […]

Gold, Oil and Stocks As The Fed Goes To Bed - April 28, 2016 1:17

In an unsurprising announcement, the Federal Reserve left interest rates unchanged on Wednesday. In a statement they succumbed once again to the fact that the economy has slowed, yet at the same time, left open the door for a hike in June. There seems no hurry to tighten monetary policy at the Fed, but they […]

Forex Report For The Coming Week - July 14, 2014 9:39

The Pound remains close to a six-year high against the US Dollar despite softening slightly at the end of last week as a result of the release of weaker-than-expected construction data. The data showed that construction output dropped by 1.1% in May, the largest drop seen since February. Further losses were restrained as the data […]

GBP Advances On Weekend House Price Report - April 28, 2014 10:13

The Pound advanced against the Euro and US Dollar after a report released over the weekend showed that UK house prices increased for a 15th consecutive month in April suggesting that momentum in the UK property market has spread beyond the confines of London. With a lack of key data due for today Sterling is […]