Fed Week in Global Markets – Cyprus Newspaper
In global markets this week, eyes Fed’s interest rate decision; The markets are waiting for the Fed will continue its waiting policy.
The Wall Street stock indices found support from new signs and powerful employment data in the US-China diplomacy on Friday, while S&P 500 and Nasdaq increased by more than 100 percent and rose in the second week.
The Bloomberg Dollar Index closed 0.44 percent on Friday and 0.13 percent on a weekly basis. The US Treasury bonds declined and the two-year bond return on monetary policy increased to 3.83 percent with an increase of 13 basis points with the expectations of the Fed will continue its waiting policy.
In the first operations of the new week, the US futures indices decreased as of 07:23.
Today, financial markets in China, Hong Kong, Japan and the UK are closed due to public holidays. Open Asia Indexes MSCI Asia Pacific Index 0.5 percent up. Hopes for the continuation of the weakness in the dollar and trade agreements with the United States were effective.
The dollar continued its losses on the first trading day of the new week, while the indicator of regional currencies rose.
Taiwan Dollar, recorded the largest daily earnings of the last thirty years, gained up to 5 percent, and Malaysian ringtitis has increased by 1 percent since October has reached its highest level since October.
OPEC+decided to increase a new large production increase oil prices fell. Brent oil barrels decreased by 4 percent this morning to 59 dollars, while WTI crude oil barrel 4 percent minus and below $ 56.
Gold, which lost value last week with the decrease in demand for safe ports, increased by 0.4 percent this morning.
