Today the attention is focused on the Fed's meeting. Most experts believe that the regulator will raise interest rates to 1.00-1.25%. At the same time, investors remain cautious. The latest statistics on the US economy was ambiguous, which raises concerns about the Central Bank's statements and plans for monetary policy in the country. We recommend you to pay attention to the economic forecasts of the FOMC and the rhetoric of the Fed's Chairman.
During yesterday's trading, the pound recovered a significant part of the losses. The growth of the GBP/USD quotations exceeded 100 points. The UK currency gained support against the backdrop of positive data on the consumer price index and rumors about a possible coalition between the Conservative and Democratic Unionist parties.
In May, China's industrial production increased by 6.5%. Market expectations were at 6.3%.
Yesterday the bullish sentiment prevailed on the US stock market. The trades ended with the growth of #SPY (SPDR S&P 500 ETF) by 0.49% to 244.55 USD.
Since the beginning of this week, the 10-year US government bonds yield is in the range of 2.19-2.22%.
The dollar index (#DX) finished the trading session in the negative zone (-0.19%).
This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.