Daily Update and Forecast – Post-FOMC, BoE and OPEC in focus

Wednesday FOMC statement included a $15 billion monthly cut from its current quantitative easing programs starting this month. Nothing out of the ordinary was noticed. Coming up today is its counterpart in the UK and of course, the OPEC+ meeting. What did FOMC conclude? On Wednesday, the Fed Reserve was hawkish about the US economy […]

The Week Ahead – OPEC, NFP, RBNZ to drive another volatile week?

The market will look forward to another volatile week. Holidays in China all the days of the week except Friday could lower momentum in the Asian market. However, US and Canada job reports, NZD rate statements, OPEC+ meeting and bank speeches amid the ever-present risk sentiment drivers will ensure high volatilities in the European and […]