February 2023

The FED raised its interest rate by 0.25% yesterday, leaving benchmark borrowing costs at 4.75%, in what was the smallest rate rise since March 2022.

FOMC Hikes by 0.25%; FOMC Statement Slightly Hawkish; Powell Talks Down US Dollar in Presser; S&P 500 Golden Cross; Gold, Euro Reach Highs; ECB, BoE 0.50% Hikes Expected Today.

Markets Await FOMC and Expected Rate Rise; Stock Markets Higher; US Dollar Consolidates.

IMF Sees G7 Growth Except UK in 2023; Markets Quiet Ahead of FOMC Wednesday; US Dollar Strengthens.

Bitcoin Up 40% Since 2022; Global Stocks Mostly Falling; Yen Strengthens, Aussie Weakens.

Yesterday’s decision by the Bank of Canada’s Governing Council is a clear sign that its high-interest rate rise policy could be reversed later this year.

BoC Raises Rates by 0.25% to 4.50%; Chinese Stock Market Roars Ahead; Gold Reaches 9-Month High at $1948; US Advance GDP of 2.6% Expected

Australian CPI Reaches 8.4%; New Zealand Inflation Drops Slightly; Gold Reaches 9-Month High at $1942

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Yen Tumbles on Report Dove Amamiya to be BoJ Governor; Stocks Lower as Sentiment Persists; RBA Expected to Hike Rates