Financial Markets News, Broker Reviews and Strategy

The most important news from the international markets!


Fed raises interest rates to 0.5% and expresses caution in further increases

hundred dollar

The US Federal Reserve has raised interest rates as expected at 0.5%. With regard to further interest rate hikes the Fed Chairman Janet Yellen, however, expressed caution, pointing to the further development of the US economy. Investors were initially disappointed at the FOMC statement and Euro adheres against the US dollar above 1.09.

Read more: Fed raises interest rates to 0.5% and expresses caution in further increases

German ZEW Economic Sentiment better than expected, US data favor rate hike

US-dollar upwards

The today released ZEW index for the economic outlook in Germany is better than assumed in the forecasts. Also for the entire euro area the value of the index improved, but remained below the forecasts. The also published today figures on US consumer prices (CPI) were broadly within the predicted values and they support the US dollar one day before the interest rate decision by the Fed.

Read more: German ZEW Economic Sentiment better than expected, US data favor rate hike

Mario Draghi remains imprecise about further measures of the ECB, euro rises above $ 1.10

ECB symbol

From the speech of Mario Draghi's today in Bologna more information was expected about the monetary policy stance of the European Central Bank. However, the ECB chairman remained at relatively general statements and made no further announcements. The euro regained strength and rose above 1.10 US-dollars.

Read more: Mario Draghi remains imprecise about further measures of the ECB, euro rises above $ 1.10

BoE leaves interest rates unchanged, SNB does not rule out another rate cut

Swiss National Bank

On its meeting today the British central bank has left its key interest rate at as expected at 0.5%, the program for the purchase of securities will also remain unchanged. The Swiss National Bank, however, has not ruled out a further reduction in the prime rate. The euro, issued by negative numbers to the French consumer price inflation, lose some of its gains of the recent days, and again falls below the mark of 1.10 US-dollars.

Read more: BoE leaves interest rates unchanged, SNB does not rule out another rate cut

Chinese economic data burden on the financial markets

Chinese flag

The today data released for the growth of Chinese economy show once again the cooling down of the Chinese economy. The international stock markets are worried about continued decline in China's economic growth. The Euro Stoxx 50 fell 0.9 percent and the German DAX lost around 1.5 percent. Also, the Australian Dollar fell by 0.9 percent to date, since China is a major trading partner of Australia.

Read more: Chinese economic data burden on the financial markets

Page 1 of 24