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.
 

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  Asian markets are losing a serious amount of value against USD

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  Oil is trying 50 USD level with OPEC’s alternative solutions about Iraq Problem

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  Global markets focus on referendum in Turkey

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  Brent oil tested the 56.00 USD level

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  USD/TL breaks new records

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  Weekly unemployment pay applications increased in the USA

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  Trump talked about tax reform in the USA

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  Global markets are worried before oncoming USA elections

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  Global markets are following the latest developments from the UK

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  EUR/USD started to show rally after New Year