Share this page
22.09.2022 11:15 © CMC Markets (UK) | 2022
Bank of Japan goes Tora, Tora, Tora
The Bank of Japan has intervened in the currency markets this morning, only this time rather than rate-checking the USD/JPY rate they actively intervened by selling US dollars for the first time since 1998.Today’s move came only hours after the central bank left its own monetary policy unchanged i...
© CMC Markets (UK) | 2022
22.09.2022 07:00 © CMC Markets (UK) | 2022
Will Bank of England follow the Fed with a 75bps hike?
As expected, the Federal Reserve raised rates by 75bps pushing the Fed funds rate up to 3% to 3.25%, pushing the US dollar to a new 20 year high, and sending the 2-year yield above 4% for the first time since 2007. The Fed also set out new projections for the benchmark rate raising th...
© CMC Markets (UK) | 2022
21.09.2022 06:51 © CMC Markets (UK) | 2022
Fed set for another large rate hike
European markets and US markets fell back sharply yesterday as bond yields in the US, as well as across Europe, hit their highest levels in over 10 years in anticipation of further aggressive interest rate rises from central banks over the next few weeks. The slide in US markets which saw...
© CMC Markets (UK) | 2022
20.09.2022 07:01 © CMC Markets (UK) | 2022
All about central banks this week
In the absence of UK markets, due to the funeral of Queen Elizabeth II, European markets got off to a mixed start to the week, with all eyes on the conclusion of the latest Federal Reserve rate meeting, which starts today. US markets also got off to a cautious start yesterday, coming off t...
© CMC Markets (UK) | 2022
16.09.2022 10:56 © ActivTrades Europe S.A. | 2022
Risk appetites weaken cooling off European shares
EUROPEAN SHARES  Equity markets extended declines almost everywhere on Friday, despite positive major economic data release from China overnight, as risk appetite weakens. Investors continue to flee both debt and stock markets this week after the latest US CPI report made investors realise the cur...
© ActivTrades Europe S.A. | 2022
16.09.2022 06:00 © CMC Markets (UK) | 2022
UK retail sales set to decline in August
Yesterday saw another negative session for US and European markets as a continued rise in bond yields weighed on the wider market. Improvements in US weekly jobless claims data, along with this week’s hotter than expected core inflation numbers appear to be prompting investors to hedge t...
© CMC Markets (UK) | 2022
15.09.2022 12:14 © ActivTrades Europe S.A. | 2022
FOREX The euro is back to below parity with the US dollar during early Thursday trading. The single currency continues to languish relative to the greenback despite the 75-basis points rate hike earlier this month, and the growing belief amongst traders that the ECB will repeat the move in October....
© ActivTrades Europe S.A. | 2022
15.09.2022 06:01 © CMC Markets (UK) | 2022
Europe set for a rebound as we look towards US retail sales
European markets underwent their second successive daily loss yesterday, driven lower by a huge selloff in US markets after the August CPI reading saw a bigger than expected jump in core prices.This unexpectedly high number prompted the biggest one day fall for US markets since March 2020, and while...
© CMC Markets (UK) | 2022
14.09.2022 11:10 © ActivTrades Europe S.A. | 2022
FOREX The US dollar index is trading close to the level reached during the previous session, when it gained more than 1.5 percent. The greenback found support as traders moved to price-in updated expectations on the pace of the Fed’s monetary policy tightening. The US inflation numbers for August...
© ActivTrades Europe S.A. | 2022
14.09.2022 10:00 © CMC Markets (UK) | 2022
Bank of Japan rate checks USD/JPY, what does this mean?
They say you always remember your first time. Don’t worry this isn’t going where you think it might be going, as I’m talking about the first time I saw a central bank intervene, back in the day when I was a young trainee dealer. Why am I telling you this? Because it’s an important le...
© CMC Markets (UK) | 2022
Showing 121 to 130 of 140 entries