Daily Market Update 23/03/2023
“The Federal Reserve announced a 0.25% increase in interest rates yesterday, but also hinted at the possibility of pausing further hikes in light of the
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“The Federal Reserve announced a 0.25% increase in interest rates yesterday, but also hinted at the possibility of pausing further hikes in light of the
Yesterday’s Headlines • GBP remains resilient whilst the ongoing banking crisis continues. Last week we saw a four-month high versus
“Financial markets started the new week on a cautious note despite the weekend’s encouraging headlines regarding the global liquidity issues. UBS Group is now Switzerland’s
“Yesterday, the ECB pressed on with their promised 50 basis point interest rate hike, despite growing fears of further defaults in the banking sector. This
“After yesterday’s flight to safety amid Credit Suisse collapse fears, market sentiment improves this morning as concerns ease. Later today, the European Central Bank is
Yesterday’s Overview • Fed Powell’s job was made that much harder after monthly core inflation climbed higher for the 4th
“The European Central Bank’s proposal for significant interest rate increases could encounter more resistance from within the organization following the recent failure of Silicon Valley
“The US Dollar began the week with a significant decrease in value as investors reconsidered the Federal Reserve’s future policy actions following the failure of
“Today, all eyes will be on the second and final part of Chair Powell’s testimony, along with remarks from ECB President Lagarde. The updated reading
“EURUSD reached its highest point in almost two weeks yesterday due to a renewed weakness in the US Dollar, but it subsequently decreased slightly. The