According to ANZ analysts, global markets traded on little news flow as investors await guidance from central bankers into the end of the week. Key Quotes “The FOMC minutes for July, due tomorrow, will provide details leading to the first Fed rate cut in a decade. ECB minutes are due the next day. But the big event is the annual Jackson Hole symposium, which will focus on “Challenges for Monetary Policy”.” “Powell will speak on Friday and his remarks will be closely monitored for hints that more policy easing is in store, against the backdrop of ongoing trade tension. The next Fed meeting on 18 September is more than fully priced for a 25bp rate cut.” “Looking ahead, markets are pricing in sizable rate cuts over the next year; 75bp of cuts by early next year and 100bp of cuts by mid-2020.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/INR technical analysis: MACD portrays buyer exhaustion near short-term key supports FX Street 4 years According to ANZ analysts, global markets traded on little news flow as investors await guidance from central bankers into the end of the week. Key Quotes "The FOMC minutes for July, due tomorrow, will provide details leading to the first Fed rate cut in a decade. ECB minutes are due the next day. But the big event is the annual Jackson Hole symposium, which will focus on "Challenges for Monetary Policy"." "Powell will speak on Friday and his remarks will be closely monitored for hints that more policy easing is in store, against the backdrop of ongoing trade tension. The… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
