Corona Virus
Stay Safe, FollowGuidance
Fetching Location Data…
Yaron Mazor
all eyes on fed

The broad markets will react to Chairman Jay Powell’s policy rhetoric. The Fed is anticipated to raise its interest rate.

Suspicious Results from NASDAQ on Tuesday, Tentative Trading Prevails

Global equities have turned cautious as the U.S Federal Reserve’s rate decision is waited on. Asian markets reversed from their highs and finished with declines, turning positive trading for the Hang Seng into a losing session. And European Indexes have also been extremely tentative this morning. Wall Street was able to gain on Tuesday, but the results should be viewed suspiciously. Particularly when looking at the NASDAQ’s gains yesterday, which were incremental compared to Monday’s stark drops in value. Wall Street is being called to open with numbers in the red, while short-term bearish sentiment remains assertive as caution prevails.


Fed Press Conference in Focus, Forex Testing Ranges

Forex has seen a test of ranges this morning as Euro and Yen investors brace for the Fed’s Monetary Policy Statement and Press Conference. An interest rate hike is widely anticipated from the U.S central bank, but it is the Fed’s outlook which will propel the broad markets. Many analysts believe the Fed will want to keep its aggressive stance intact, but recent U.S economic data has shown inflation is still not hitting its higher targets. Thus, the rhetoric which is delivered from Chairman Jay Powell during his question and answer session with the media will become must-watch television for investors. The U.K has released its Average Hourly Earnings statistics and the inflation numbers were higher than expected, and the Pound reacted with a short-term gain versus the U.S Dollar.

Gold Pushes up Slightly Early, Traders Ready for Speculative Ignition

Gold has pushed slightly higher this morning after stumbling to lows late in the night. The precious metal is near 1316.00 U.S Dollars an ounce and traders should be ready for fast conditions to ignite as speculation grows before the U.S interest rate announcement.

Fed Statement & Interest Rate Announcement, U.S Crude Oil Supply Data

Global investors will turn their attention to the U.S Federal Reserve at 18:00 GMT when its Monetary Policy Statement is released.

  • 14:30 PM GMT, U.S, Crude Oil Inventories
  • 18:00 PM GMT, U.S, FOMC Statement
  • 18:30 PM GMT, U.S, Federal Reserve Press Conference

Yaron Mazor is a senior analyst at SuperTraderTV.

SuperTraderTV Academy is a leader in investing and stock trading education. Sign up for a class today to learn proven strategies on how to trade smarter.

Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Trade With A Regulated Broker

  • Your capital is at risk
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.