Financial Trading
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It is another crucial FOMC meeting this week, but the Fed is not the only central bank in town. Interest rate decisions for the PBoC, SNB, BoJ and the delayed BoE meeting will also be important for major markets. We consider the potential market impact.
With no worrying developments in the US banking crisis over the weekend, volatility is easing slightly. Risks remain but markets are starting to normalise.
The risk recovery and USD correction have gathered pace in the days since the Fed meeting. This is impacting forex, commodities and indices. Key growth and inflation data for the Eurozone will be eyed, as will the Fed’s preferred inflation gauge.
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