Money Markets / Forex

The showdown between the Fed and the markets this week may decide the fate of the stock rally in early 2023

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Let’s prepare to maneuver. The Fed and traders seem like tied up in what one seasoned market watcher referred to as an epic Recreation “Hen”. What Federal Reserve Chairman Jerome Powell says on Wednesday might decide the winner. Right here is the battle. Fed policymakers have steadfastly insisted that the federal funds price, now at … Read more

Asian markets are mostly rallying, as a weaker yen supports Japan’s Nikkei

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TOKYO – Asian shares have been principally greater on Wednesday, supported by a rally on Wall Avenue that got here forward of some probably market-moving stories later within the week. A weaker yen has additionally fueled shopping for sentiment in Japan, because it boosts earnings for the nation’s exporters when abroad earnings are transformed into … Read more