September 17–18, 2024 A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, September 17, 2024, at 10:30 a.m. and continued on Wednesday, September 18, 2024, at 9:00 a.m.1 Developments in Financial Markets and […]
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Daily Pivots: (S1) 1.3663; (P) 1.3691; (R1) 1.3739; More… USD/CAD’s rally from 1.3418 continues today and intraday bias stays on the upside. Pullback from 1.3946 should have completed at 1.3418 already. Rise from there would Read more…
Risk-on sentiment is back in the global markets, with DOW and S&P 500 surging to new record highs in the latest session. Notably, this rally isn’t limited to just the big tech giants. ETFs tracking Read more…
Japan’s PPI rose by 2.8% yoy in September, a notable increase from the previous month’s 2.6% yoy and well above the market’s expectation of 2.3% yoy. A significant development was the shift in import prices. Read more…