FOREXLIVEIt's Fed-hangover day. It's the day when real money takes in everything it heard from the FOMC and the CPI report and we start to see markets move. So far, the reaction to yesterday's news has been indecisive and confused. The initial dollar selloff reversed, particularly in USD/JPY ahead of Friday's BOJ decision.
Stocks remain bid with tech proving to be the safe haven and S&P 500 futures are up 0.2%.
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European stocks closed lower on Thursday on concerns the Federal Reserve might not reduce interest rates more than one time this year despite soft consumer price and producer price inflation data.
About 1 Year Ago
John Wiley & Sons, Inc. (WLY) reported Thursday net income for the first quarter of $25.27 million or $0.46 per share, sharply lower than $68.34 million or $1.22 per share in the prior-year quarter.
About 1 Year Ago
Asian stocks rose broadly on Thursday as soft U.S. inflation data helped keep the door open for a Federal Reserve rate cut in September.
About 1 Year Ago
While announcing its widely expected decision to leave interest rates unchanged on Wednesday, the Federal Reserve also revealed officials now expect only one interest rate cut this year. In support of its goals of
About 1 Year Ago
Asian stocks drifted lower on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the outlook for interest rates.
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