We start by examining the Fed decision, slide into the US economy and its recent hiccups and this brings us to the bigger issues across the Atlantic.
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- Fed: Powell and co. made subtle changes to the statement. Does the word symmetric mean that much?
- NFP run-down: Slow job growth and another deceleration in wage growth are not a disaster, but not that convincing either. We look at the big picture and see that the improvements are very very slow.
- Across the pond: Data has been “moderate in the euro-zone and quite bad in Brexit land Britain. We discuss the figures and how they had an impact on currencies.
- Preview: The inflation report in the US, the BOE decision, and many other events are set to move the markets.
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