A look at the day ahead in U.S. and global markets from Mike Dolan
volatility gauge, or 'fear index', edged higher again to 26 - about 7 points up from where it was this time last week.
Although futures now see a 66% chance the Fed will raise rates by another quarter point into a 4.75-5.0% range, many economists are now openly doubting whether it will move at all again in this current cycle and there are almost 80bps of rate cuts now priced by year-end.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Morning Bid: ECB into the eye of banking stormA look at the day ahead in European and global markets from Tom Westbrook
Read more »
Credit Suisse intends to borrow up to 50 bln Swiss francs from Swiss National BankCredit Suisse Group AG said on Thursday it intended to borrow up to 50 billion Swiss francs ($54 billion) from the Swiss National Bank in what it called 'decisive action' to boost its liquidity.
Read more »
Morning Bid: Deep breaths as banks calm, but only a bitA look at the day ahead in U.S. and global markets from Mike Dolan
Read more »
EUR/USD regains 1.0600 and beyond ahead of ECBThe single currency gives some signs of life and motivates EUR/USD to reclaim the area above 1.0600 the figure on Thursday. EUR/USD looks bid on ECB-d
Read more »
EUR/GBP recovers further from two-month low set on Wednesday, retakes 0.8800 ahead of ECBThe EUR/GBP cross builds on the previous day's late recovery move from the 0.8720 area, or a nearly two-month low and gains strong follow-through posi
Read more »
EUR/JPY plummets ahead of the ECB decisionEUR/JPY sees a strong bearish intraday movement on Wednesday and trades slightly above the lowest intraday price of 140.61 – spectacularly below the h
Read more »