The global markets are following latest developments of Fed to take a position before starting the new year. Fed officials will meet for the first time this week in Washington after bond yields and stock market rallies, with expectations that Donald Trump, the winner of US presidential elections, will support growth on the global markets. The Fed decision will be announced in Wednesday, so we can say the general expectation will be about interest increase by 25 base points. The Japanese Yen traded against USD, near the weakest level of ten months before the Fed meeting, which will start this evening and last for two days. Stocks rallied and valuations depreciated in Shanghai after industrial production and retail sales in China surpassed expectations. In the majority of other markets, the monetary authorities stopped their decline as OPEC could not maintain its rationale for reaching an agreement on the production limit with its competitors.
 

Comment Send

• 

  USD/TRY is Testing New Records

• 

  Japan Economy has grown bigger than the expectations

• 

  Global developments are pricing in the global forex market

• 

  Inflation shows its affect on European economies

• 

  Global markets are pricing the result of Referendum in Turkey

• Gold market is trading the highest level of last six months

• 

  Oil Prices are doing an Inflationary pressure on global markets.

• 

  Oil market is trying to find a direction

• 

  There are some revisions predicted in ECB Report

• 

  Global markets focus on Yellen's speech today