Japanese trade and machinery orders
Investor Attention Focused on Today’s FOMC Decision, Updated Forecasts and Chairman Kevin Warsh’s Maiden Press Conference
June 17, 2026
World financial markets not surprisingly marked time overnight. There has been a disconnection between, on the one hand, a euphoric investment community reaction on Monday and Tuesday to Sunday’s news of an interim deal between Iran and the United States that is supposed to get signed Friday in Geneva and the parade of foreign policy […] More
Stressful Day that Includes the Biden-Putin Talks in Geneva, an FOMC Policy Meeting in Washington, and an Assortment of Meaningful Data Releases
June 16, 2021
The Biden-Putin summit is underway and expected to last around five hours. The U.S. political leaders will then hold separate individual press conferences rather than a joint event. The Federal Open Market Committee is not expected to change monetary policy settings but could for the first time indicate that it’s not too early to begin […] More
Risk Preference Restored to Some Extent
February 19, 2020
EUR/USD is unchanged from yesterday’s closing level. The dollar is also flat against the yuan and kiwi, up most strongly versus the yen (0.8%) and then 0.3% relative to sterling. To the surprise of few, Prime Minister Boris Johnson is not proving to be as adept at governance as he was at running for election. […] More
