• Latest
  • Trending
  • All
Global stocks struggle after a bearish week

Stocks cautiously higher ahead of FOMC decision

January 26, 2022 01:14
Equities struggle amid economic and China-related concerns

Equities struggle amid economic and China-related concerns

December 29, 2022 08:55
Dollar lacks upside momentum due to lower Treasury yields

Currencies stuck in ranges as New Year holiday looms

December 28, 2022 07:01
Stocks gain, dollar eases ahead of job market data

Dollar pressured by positive risk sentiment in thin markets

December 27, 2022 04:50
Dollar lacks upside momentum due to lower Treasury yields

Dollar tries to shrug off the pressure

December 26, 2022 05:13
Investors spooked by strong US data

Investors spooked by strong US data

December 23, 2022 11:55
Dollar lacks upside momentum due to lower Treasury yields

Dollar back under pressure after short-lived relief

December 22, 2022 05:17
Risk demand reemerges cautiously, but caution remains in place

Risk demand reemerges cautiously, but caution remains in place

December 21, 2022 08:49
Dollar lacks upside momentum due to lower Treasury yields

US dollar resists selling pressure

December 20, 2022 10:44
Market sentiment dented by recession fears

Market sentiment dented by recession fears

December 19, 2022 02:53
Dollar lacks upside momentum due to lower Treasury yields

Greenback stays on the defensive nearly across the board

November 16, 2022 05:34
Investor sentiment improves, but gains limited

Investor sentiment improves, but gains limited

November 15, 2022 05:46
Dollar lacks upside momentum due to lower Treasury yields

Dollar licks wounds after plunge

November 14, 2022 05:05
  • Terms & Сonditions
  • Contact
Tuesday, February 7, 2023
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equities struggle amid economic and China-related concerns

    Equities struggle amid economic and China-related concerns

    Stocks gain, dollar eases ahead of job market data

    Dollar pressured by positive risk sentiment in thin markets

    Investors spooked by strong US data

    Investors spooked by strong US data

    Risk demand reemerges cautiously, but caution remains in place

    Risk demand reemerges cautiously, but caution remains in place

    Market sentiment dented by recession fears

    Market sentiment dented by recession fears

    Investor sentiment improves, but gains limited

    Investor sentiment improves, but gains limited

    Risk sentiment keeps deteriorating, dollar climbs

    Stocks celebrate US inflation, dollar slumps

    Virus, US-China tensions hit global markets

    Market sentiment turns cautious amid events in the US

    Investors look indecisive ahead of another volatile week

    Investors look indecisive ahead of another volatile week

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equities struggle amid economic and China-related concerns

    Equities struggle amid economic and China-related concerns

    Stocks gain, dollar eases ahead of job market data

    Dollar pressured by positive risk sentiment in thin markets

    Investors spooked by strong US data

    Investors spooked by strong US data

    Risk demand reemerges cautiously, but caution remains in place

    Risk demand reemerges cautiously, but caution remains in place

    Market sentiment dented by recession fears

    Market sentiment dented by recession fears

    Investor sentiment improves, but gains limited

    Investor sentiment improves, but gains limited

    Risk sentiment keeps deteriorating, dollar climbs

    Stocks celebrate US inflation, dollar slumps

    Virus, US-China tensions hit global markets

    Market sentiment turns cautious amid events in the US

    Investors look indecisive ahead of another volatile week

    Investors look indecisive ahead of another volatile week

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

Home » Stocks cautiously higher ahead of FOMC decision

Stocks cautiously higher ahead of FOMC decision

by Stephen Soo
January 26, 2022 01:14
in Fundamental analysis
0
Global stocks struggle after a bearish week

Markets recoup some losses from a sharp sell-off witnessed at the start of the week

Wall Street stocks closed lower overnight, but came off session lows ahead of the outcome of the Federal Reserve meeting, with investors guessing when the central bank will raise interest rates and by how much. The Dow Jones shed 0.2%, the S&P 500 fell 1.2% and the Nasdaq Composite gave up 2.3%. In individual stocks, American Express rallied nearly 9% after fourth-quarter earnings surpassed estimates due to record credit card spending. Also, the company boosted forecasts for revenue and profits in 2022.

Asian markets were mostly higher on Wednesday, with MSCI’s broadest index of Asia-Pacific shares outside Japan adding 0.26% while still testing mid-December’s one-year low. Japan’s Nikkei 225 lost 0.44% to hover just above its lowest level since December 2020. Despite the local bounce, concerns about Fed tightening and geopolitical uncertainty (Russia-Ukraine conflict) continue to unnerve investors, capping gains in the markets. Overnight, Biden said that he would consider imposing personal sanctions on Putin if Russia attacked Ukraine.

European equity markets opened higher today, recouping some losses from a sharp sell-off witnessed at the start of the week. The pan-European Stoxx 600 advanced more than 1% in early trade. Now, investors are focused on the latest policy update from the Fed. The central bank is widely expected to signal a rate hike as soon as March.

In currencies, the dollar’s ascent is losing steam as traders are getting more cautious ahead of the Fed’s decision. Still, EURUSD has settled around the flat-line during the European hours, struggling to regain the 1.1300 figure after yesterday’s brief dip towards 1.1260. should the Fed add to the dollar’s bullishness later today, the pair could see another negative session should the Federal Reserve deliver a hawkish message.

Tags: DollarEURUSDfedFederal ReserveFOMCStoxx 600
Share2Tweet1
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

Equities struggle amid economic and China-related concerns
Fundamental analysis

Equities struggle amid economic and China-related concerns

December 29, 2022 08:55
16
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Currencies stuck in ranges as New Year holiday looms

December 28, 2022 07:01
12
Stocks gain, dollar eases ahead of job market data
Fundamental analysis

Dollar pressured by positive risk sentiment in thin markets

December 27, 2022 04:50
12
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar tries to shrug off the pressure

December 26, 2022 05:13
12
Investors spooked by strong US data
Fundamental analysis

Investors spooked by strong US data

December 23, 2022 11:55
11
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar back under pressure after short-lived relief

December 22, 2022 05:17
16

Leave Your Opinion Cancel reply

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

Recommended

Dollar lacks upside momentum due to lower Treasury yields

Greenback struggles to attract demand to start the week

June 6, 2022 06:58
17
Pound corrects higher due to dollar weakness

Dollar trims losses, euro loses ground

January 13, 2021 06:00
14
The Swiss National Bank held the SNB policy rate at -0.75 percent during its December meeting

Swiss National Bank leaves expansionary monetary policy unchanged

December 19, 2019 08:38
24

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 © 2022 FWNews

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

Copyright © 2022 FWNews