EUR/USD
1.08770
-0.051%
Gold
2987.44
0.117%
Oil
67.386
0.748%
USD/JPY
148.668
0.016%
GBP/USD
1.29266
-0.065%
GBP/JPY
192.179
-0.049%
Real-time News
March 17th, Federal Reserve Chairman Powell faces a tricky task this week, both to assure investors that the economy remains on solid footing and to convey that policymakers are ready to intervene if necessary. Powell touted the resilience of the U.S. economy at a time when Trumps rapid escalation of the trade war has stoked unease and caused U.S. stocks to fall sharply over the past month. Consumer confidence is falling and bond yields are falling as concerns about the economic outlook grow. "Powell needs to send some kind of signal that they are paying attention to (the stock market)," said Dominic Constam, head of U.S. macro strategy at Mizuho Securities. He warned that while Powell may make it clear that officials will not target the stock market, they cannot ignore the recent decline.German Geoscience Research Center GFZ: A 5.51-magnitude earthquake occurred in the Chile-Argentina border area.According to Russias Izvestia newspaper, citing the Russian Ministry of Defense, in the peace treaty on Ukraine, Russia will require Ukraine to maintain a neutral position and ask NATO to refuse to accept Ukraines membership.U.S. fighter jets shot down 11 Houthi drones on Sunday, U.S. officials said.On March 17, local time, on the evening of the 16th, Yemeni Houthi armed spokesman Yahya Saraya said in a speech that the US military had carried out at least 47 air strikes on Yemen in the past few hours, covering the Yemeni capital Sanaa and six other provinces, causing a large number of casualties. Saraya said that in retaliation for the US militarys air strikes against the Yemeni Houthi armed forces, the Houthi armed forces launched 18 ballistic missiles and cruise missiles and an attack drone against the USS Harry Truman and its accompanying ships in the northern Red Sea. Saraya also said that the Houthi armed forces will target all US warships in the Red Sea and the Arabian Sea, and continue to blockade Israeli ships.
