The market is waiting for the Fed

  • Macro-economy

Financial markets should remain rather cautious today ahead of the end of the Fed meeting. We do not expect any policy change, but the tone of the statement and comments from Jerome Powell will be closely monitored. Inflation expectations continue to rise, pushing US bond yields and the USD higher. The European Union lives in another world made of vaccine shortages and endless containment. The EUR/USD pair is trading around 1.19.

Car registrations in Europe were down by around 20% yoy in February to record-low levels for this period of the year.  

car-registration-in-euro-area
Share this news :

You might also read :

ES-economy
July 22, 2021

Broad rebound in risky assets

Concerns about the spread of the Delta variant seem to have significantly diminished suddenly: bond yields rebounded, the US 10y nearing 1.3%. Stock markets were…
ES-oil
February 14, 2022

Prices rise on fears of war in Ukraine

Just as oil prices looked set for their first weekly decline after seven consecutive rises, they rose sharply on Friday evening after a US official said…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]