• Latest
  • Trending
  • All
Investors cheering the outcome of the Fed’s meeting

Investors cheering the outcome of the Fed’s meeting

March 18, 2021 07:06
Dollar lacks upside momentum due to lower Treasury yields

USD treads water after plunge, markets steady ahead of the weekend

May 20, 2022 06:21
Investor sentiment looks neutral at the start of the week

Modest bounce after sell-off ahead of the weekend

May 20, 2022 04:51
Dollar lacks upside momentum due to lower Treasury yields

Major currencies struggle below key SMAs

May 19, 2022 06:02
Geopolitical tensions ease but risks persist

Global stock rout continues on growth fears

May 19, 2022 05:00
Dollar lacks upside momentum due to lower Treasury yields

Dollar regains ground after a three-day sell-off

May 18, 2022 06:09
Chinese data spooks investors, sentiment turns sour

Stock markets turn directionless after a bounce

May 18, 2022 05:08
Dollar lacks upside momentum due to lower Treasury yields

Currencies enjoy a bounce amid a weaker USD

May 17, 2022 06:51
Sentiment turns sour, dollar steadies ahead of the weekend

USD gives up gains as risk sentiment improves further

May 17, 2022 04:52
Dollar lacks upside momentum due to lower Treasury yields

Dollar off tops but resilient

May 16, 2022 05:44
Stocks mostly lower despite upbeat economic data

Markets failed to extend the bounce, back under pressure

May 16, 2022 04:38
Dollar lacks upside momentum due to lower Treasury yields

Dollar refrains from a deeper retreat

May 13, 2022 06:04
Dollar lacks upside momentum due to lower Treasury yields

The greenback seems unstoppable

May 12, 2022 06:34
  • Terms & Сonditions
  • Contact
Sunday, May 22, 2022
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Investor sentiment looks neutral at the start of the week

    Modest bounce after sell-off ahead of the weekend

    Geopolitical tensions ease but risks persist

    Global stock rout continues on growth fears

    Chinese data spooks investors, sentiment turns sour

    Stock markets turn directionless after a bounce

    Sentiment turns sour, dollar steadies ahead of the weekend

    USD gives up gains as risk sentiment improves further

    Stocks mostly lower despite upbeat economic data

    Markets failed to extend the bounce, back under pressure

    Risk sentiment looks mixed, dollar retreats marginally

    Dollar at fresh highs while stock markets keep bleeding

    Stocks continue to give up gains ahead of US jobs data

    Stocks bounce ahead of US inflation report

    Investors stay nervous as tensions escalate

    Markets look for rebound after a major sell off

    Stock markets rebound on strong corporate earnings

    Recession worries keep markets on the defensive

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Investor sentiment looks neutral at the start of the week

    Modest bounce after sell-off ahead of the weekend

    Geopolitical tensions ease but risks persist

    Global stock rout continues on growth fears

    Chinese data spooks investors, sentiment turns sour

    Stock markets turn directionless after a bounce

    Sentiment turns sour, dollar steadies ahead of the weekend

    USD gives up gains as risk sentiment improves further

    Stocks mostly lower despite upbeat economic data

    Markets failed to extend the bounce, back under pressure

    Risk sentiment looks mixed, dollar retreats marginally

    Dollar at fresh highs while stock markets keep bleeding

    Stocks continue to give up gains ahead of US jobs data

    Stocks bounce ahead of US inflation report

    Investors stay nervous as tensions escalate

    Markets look for rebound after a major sell off

    Stock markets rebound on strong corporate earnings

    Recession worries keep markets on the defensive

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
No Result
View All Result

Home » Investors cheering the outcome of the Fed’s meeting

Investors cheering the outcome of the Fed’s meeting

by Stephen Soo
March 18, 2021 07:06
in Fundamental analysis
0
Investors cheering the outcome of the Fed’s meeting

WASHINGTON, D.C. - October 27: A general view of the Federal Reserve Building in Washington, United States on October 27, 2014. (Photo by Samuel Corum/Anadolu Agency/Getty Images)

Markets shrug off rising tensions between the US and China

During yesterday’s meeting, the Federal Reserve pushed back against the market’s pricing of premature rate hikes, as the central bank’s latest projections showed that the policymakers don’t anticipate an increase in interest rates at least until 2023. As such, a dovish Fed rate decision helped send the S&P 500 and Dow Jones Industrial Average stock indices to record highs. The former ended the session up 0.3% and the latter up 0.6%, while the Nasdaq 100 ended the session up 0.4%. Furthermore, Fed’s new economic projection featured big upgrades to the growth forecasts in the reflection of the positive impact of stimulus.

Today in Asia, stocks were higher after the Fed committed to maintaining the accommodative monetary policy. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.87%, while stocks in China rose 0.74%. Australia’s market bucked the trend and fell 0.73%. Of note, regional investors shrugged off the news from the geopolitical front. Ahead of a high-level summit coming up today between the US and China, the US Sec State Blinken said China aggression poses a challenge. Earlier, China said the country will not compromise with the US over sovereignty.

European stocks opened higher to start the day, as investors continue to cheer the outcome of the Fed’s meeting. Later today, the Bank of England’s Monetary Policy Committee will announce its own policy decision. The central bank is expected to keep its key rate steady at 0.1% and maintain the ceiling of its continuing bond-buying program at £895 billion.

Meanwhile, the dollar regains ground following a widespread but short-lived sell-off seen in the aftermath of the Federal Reserve meeting on Wednesday. EURUSD failed to regain the 1.2000 figure and turned negative on the day in recent trading despite the ECB’s Lagarde said that risks surrounding the Eurozone growth outlook have become more balanced. USDJPY reversed early losses, to climb back to multi-week highs in the 109.30 area, suggesting the pair could extend the ascent despite the overbought conditions.

Tags: EURUSDFederal ReserveNasdaqS&P 500USDJPY
Share2Tweet2
ADVERTISEMENT
Stephen Soo

Stephen Soo

Stephen's specialty is fundamental analysis. He graduated from the Booth School of Business, the University of Chicago. Stephen currently cooperates with several news agencies, and on FWNews he publishes macroeconomic news and reviews on brokerage companies.

Related Posts

Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

USD treads water after plunge, markets steady ahead of the weekend

May 20, 2022 06:21
11
Investor sentiment looks neutral at the start of the week
Fundamental analysis

Modest bounce after sell-off ahead of the weekend

May 20, 2022 04:51
11
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Major currencies struggle below key SMAs

May 19, 2022 06:02
12
Geopolitical tensions ease but risks persist
Fundamental analysis

Global stock rout continues on growth fears

May 19, 2022 05:00
16
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar regains ground after a three-day sell-off

May 18, 2022 06:09
15
Chinese data spooks investors, sentiment turns sour
Fundamental analysis

Stock markets turn directionless after a bounce

May 18, 2022 05:08
15

Leave Your Opinion Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Stock markets rebound on strong corporate earnings

Stock markets rebound on strong corporate earnings

August 4, 2021 10:56
16
Russian ruble licks wounds at all-time lows

Greenback under some pressure in subdued trading

February 23, 2022 08:26
12
Tech analysis

Trade of the Day: EUR/JPY

February 18, 2020 20:40
23

Ads

Shneider Electric

Most Popular

A slow start to the week in FX markets
Technical analysis

Dollar regains ground to start the week

January 25, 2021 07:25
118
A slow start to the week in FX markets
Technical analysis

Greenback advances modestly amid strong data

May 28, 2021 07:38
110
Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war
News

Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war

July 28, 2020 08:29
95
FWNews

Copyright © 2020 FWNews

  • Terms & Сonditions
  • Contact
No Result
View All Result
  • FUNDAMENTALS
  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage

Copyright © 2020 FWNews