Archive for June 15th, 2016

Central Bank Watch

FOMC Review

June 15, 2016

The FOMC did not raise interest rates at its June meeting, but confidence was expressed in the released statement and in Yellen’s press conference that GDP is picking up nicely in the second quarter.  She would not rule out a hike in July.  Wages are accelerating, and the June employment data will be important.  The […] More

New Overnight Developments Abroad - Daily Update

Continuing Brexit Concerns and FOMC Day

June 15, 2016

A fifth published poll of British voters gives an edge to those favoring an exit from the European Union. Today’s main event will be the FOMC statement due at 18:00 GMT and subsequent press conference. China made news in three ways earlier today.  First, MSCI announced it will not include equities in its indices. The second […] More