Federal Reserve (FED) news

The Federal Reserve (FED) is the central banking system in the US. It manages monetary policy to maintain price stability and promote maximum employment. It primarily uses the federal funds rate and open market operations to influence interest rates and the money supply, impacting the US economy and global markets. It also provides forward guidance to shape market expectations.

Market Insights Podcast - Big week ahead with FOMC, BOJ and NFP on the radar

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic data and events as well as the impact on global markets. Pivotal week peppered with major risk events; a trio of key central bank monetary policy outcomes (Fed FOMC, Bank of Japan, and Bank of England) and US non-farm payrolls data for July to wrap up the week.

30-07-2024 00:12 GMT by Kelvin Wong

Gold Technical: The recent sell-off may have reached a potential bullish reversal level at US$2,353

The recent weakness seen in Gold (XAU/USD) is likely to be driven by US politics as the “Gold premium” has moved in synch with the betting odds of Republican nominee Trump winning the US Presidential Election. The US Treasury market is likely to take a driver's seat now as the focus returns to the monetary policy guidance from the outcome of the US Fed FOMC meeting next Wednesday, 31 July.

26-07-2024 07:19 GMT by Kelvin Wong