- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- Asian session review: the dollar fell against the euro and the yen on expectations of a Fed rate cut
Asian session review: the dollar fell against the euro and the yen on expectations of a Fed rate cut
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 00:30 | Australia | Building Permits, m/m | January | 3.9% | 1% | -15.3% |
| 00:30 | Australia | Current Account, bln | Quarter IV | 6.50 | 2.3 | 1 |
| 03:30 | Australia | RBA Rate Statement | ||||
| 03:30 | Australia | Announcement of the RBA decision on the discount rate | 0.75% | 0.75% | 0.5% | |
| 05:00 | Japan | Consumer Confidence | February | 39.1 | 40.6 | 38.4 |
| 06:45 | Switzerland | Gross Domestic Product (YoY) | Quarter IV | 1.1% | 1.3% | 1.5% |
| 06:45 | Switzerland | Gross Domestic Product (QoQ) | Quarter IV | 0.4% | 0.2% | 0.3% |
During today's Asian trading, the US dollar declined against the euro and yen amid heightened expectations that the Fed will significantly lower its interest rate to support the US economy in the face of the spread of the coronavirus.
Expectations of a Fed rate cut rose after Fed Chairman Jerome Powell said the Central Bank was "closely monitoring" the COVID-19 situation and would use its tools to support the economy.
Futures quotes for the Fed's benchmark interest rate suggest that by the end of March, the rate will be at 1.04%, according to CME Group data. This indicates the confidence of traders that the Fed will lower the rate by 0.5% at the meeting on March 17-18 - to 1-1. 25% per annum.
Deutsche Bank experts expect the rate to be reduced by 1 percentage point this year. A rate cut would reduce the advantage in US asset returns, given that the ECB and the Bank of Japan have much less room to cut rates further.
ECB President Christine Lagarde said yesterday that the Central Bank is ready to take "appropriate" measures if necessary to support the Eurozone economy, whose growth is being held back by the spread of the coronavirus.
The Australian dollar rose almost 0.2% against the US dollar following the Central Bank's rate cut. The Reserve Bank of Australia has lowered its key interest rate to support the country's economy in the face of the coronavirus epidemic. The rate was reduced by 0.25 percentage points to a record low 0.5% per annum, and RBA chief Philip Lowe said the Central Bank could continue easing policy.
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
