EUR/USD
1.18377
0.656%
Gold
3680.17
0.039%
Oil
64.054
1.662%
USD/JPY
146.643
-0.519%
GBP/USD
1.36419
0.327%
GBP/JPY
200.053
-0.188%
Real-time News
Germanys DAX30 index closed down 397.68 points, or 1.68%, at 23,336.07 points on Tuesday, September 16; Britains FTSE 100 index closed down 86.48 points, or 0.93%, at 9,190.55 points on Tuesday, September 16; Frances CAC40 index closed down 78.71 points, or 1.00%, at 7,818.22 points on Tuesday, September 16; Europes The STOXX 50 index closed at 5,373.25 points on Tuesday, September 16, down 67.15 points, or 1.23%; the Spanish IBEX 35 index closed at 15,158.19 points on Tuesday, September 16, down 230.31 points, or 1.50%; and the Italian FTSE MIB index closed at 42,513.00 points on Tuesday, September 16, down 540.72 points, or 1.26%.EU High Representative for Foreign Affairs and Security Policy Kallas: Israels ground military operation in Gaza will worsen an already desperate situation. This will mean more death, destruction and displacement.The Atlanta Feds GDPNow model expects U.S. GDP growth to be 3.4% in the third quarter, compared with the previous forecast of 3.1%.On September 16th, Nick Timiraos, the "Federal Reserves voice," wrote in his latest article: "With a Fed rate cut virtually certain this week, investors will be focused on whether Powell will further his recent shift in stance. Investors will be closely watching for a key piece of information: Will Powell and his colleagues set a total of three rate cuts this year, or stick with their June forecast (when a minority of officials expected two cuts, given the seemingly more robust job market)?" Last month, in a highly anticipated speech, Powells concern about the job market outweighed the concerns of some of his colleagues about inflation. The question now is: Will Powell further intensify this concern after the weak August non-farm payroll report? Doing so would confirm market expectations of further rate cuts in the coming meetings, but would also likely require overcoming the concerns of some colleagues who are hesitant to commit to such a rapid policy shift due to concerns about the neutral interest rate level and whether it should be brought there.According to the Financial Times: Britain has abandoned its plan to impose zero tariffs on steel exports to the United States.
