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.

US Equities face uncertainty as US Government Shutdown begins – S&P 500, Nasdaq and Dow Jones outlook

The US government shutdown has officially begun, delaying key economic releases like NFP and Jobless Claims. Markets are left relying on ADP data, which missed sharply at –32K vs +52K expected, while ISM Manufacturing PMI rose to 49.1, driven by tariffs-related cost pressures. Rate cut hopes remain intact and stocks are rising.

01-10-2025 15:54 GMT by Elior Manier

EUR/USD: Euro bulls ignite as US government shuts down

The US government has shut down for the first time in nearly seven years, fueling EUR/USD gains as political brinkmanship heightens ahead of the 2026 midterms. Rising unemployment risks and Trump’s proposal for mass layoffs have boosted Fed rate cut bets, steepening the Eurozone/US policy rate spread. With momentum shifting, EUR/USD’s medium-term uptrend remains intact, eyeing resistances at 1.1820–1.1910 in the near-term.

01-10-2025 08:50 GMT by Kelvin Wong