The Most Important News For Today
Here is the digest with the most interesting news for today
Wednesday News: All Eyes on Fed
Information is not investment advice
All traders are looking forward to Fed announcement today because it can strongly impact stocks and currencies The inflation in the US influences USD, which for its part interacts with almost all spheres over the world.
Chinese stocks surged after China unveiled a more market-friendly policy stance. Hang Seng Index (HK50) is up by more than 10%. Remember that you can trade it with FBS!
CNH received support after reports that Saudi Arabia would consider paying yuan for oil sold to China. USD dipped.
Russia has begun the process of paying $117 million in interest on dollar bonds. Investors are waiting to see if there will be a default. The coupon payments have a 30-day grace period until a default can potentially be declared.
Trading in nickel is about to resume on the London Metal Exchange, more than a week after it was suspended due to a historic short squeeze.
Bitcoin made a sudden rally, rising nearly 6% at one point before dropping to around $39,000.
Amazon.com Inc. received unconditional EU approval for its $8.45 billion acquisition of film company Metro-Goldwyn-Mayer, betting that the nearly century-old Hollywood icon could satisfy an insatiable demand for streaming content.
CEO of Meta Platforms Inc. Mark Zuckerberg confirmed that the company is building technical functionality to allow users to display their NFTs on Instagram.
Don’t miss: USD Federal Funds rate, March 16, 08:00 pm MT!
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USD and GBP Traders Await Big Moves
The first week of November promises to be eventful, as we have the Fed meeting, the BOE update, and the NFP release. Read more details here.
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Will the CPI Crash the USD?
The most impactful releases of this week will fill the market with volatility and sharp movements.
Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
The US Labor Market And Real Estate Market Are In Focus This Week
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
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