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Day: June 6, 2016
June 62016
What to Expect from FOMC June 2016 Meeting?
Contents 1 Market sentiment 2 Speeches 3 Economic data 4 Nowcasts of GDP 5 Projections 6 Conclusion Following the dovish remarks of the FOMC’s decision to keep interest rates unchanged in March and an even less optimistic statement in April, markets had lowered their expectations for interest rate hikes this year. By mid-May, the outlook has changed significantly. What is influencing the traders’ perception of the interest rates’ future and how […]
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June 62016
Euro Clings to Recent Gains as German Factory Orders Slip
Euro is clinging to some of its gains from the end of last week, even after the latest news on German factory orders. Even though the 19-nation currency seems to be holding on for now, there are some downside risks that could impact the euro in the coming days. Euro is still logging gains against its major counterparts, although there are some signs that the 19-nation currency could slip […]
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