EU stocks rally the most in six weeks ahead of FOMC decision
- Focus on FOMC rate decision. Fed expected to signal plans for their first interest rate hike since 2018. - European stocks rally the most in six wee
Source: fxstreet.com
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Top News In Key Themes Today - Breaking & Trending Today
Risk aversion sentiment continues to simmer ahead of next week's Fed meeting
EU Mid-Market Update: Risk aversion sentiment continues to simmer ahead of next week's Fed meeting; PBoC cuts more policy rates. Notes/Observations -
Source: fxstreet.com
UK inflation at 30-year high, German 10-year bund yield turns positive
- Focus remains on global bond yields; EU equity markets manage to recover following a shaky start to the session. - UK Dec CPI above consensus and hi
Source: fxstreet.com
Quiet session with US out on holiday
- Unexpected cut to key lending rates in China; Move seen as opening the door to more monetary easing actions ahead. - US markets closed for holiday.
Source: fxstreet.com
Awaiting more US inflation data (PPI later in session)
- Focus remains on inflation data (US Dec PPI due in session). - Biggest chipmaker in the world Taiwan Semiconductor Manufacturing Company (TSMC) repo
Source: fxstreet.com