ADVERTISEMENT - CONTINUE READING BELOW

Preview Mode

Search the website...

Search the website...

Technical Analysis
Stocks
Economic Calendar
Live Charts
Live Quotes
Education
Forex Terms
Cryptocurrency
More

Search Forexlive

Search Forexlive

Technical Analysis

Economic Calendar

More

Central Banks
Forex Orders
Session Wraps
Premium
Webinars
Premium

About Forexlive

Contact Us
Terms of Use
Privacy

Join Forexlive News Updates
Join Forexlive FX & Crypto Chat
Follow us on Twitter
Follow Us on Facebook

> @Newsquawk's Market Open: Fed hikes 25bp "ongoing" reference dropped; BoE/SNB & more ahead

market overview

@Newsquawk's Market Open: Fed hikes 25bp "ongoing" reference dropped; BoE/SNB & more ahead

Euro Market Open: Fed hikes 25bp but "ongoing" reference dropped; BoE, SNB & more ahead

Ryan Paisey

Thursday, 23/03/2023 | 06:55 GMT-0

23/03/2023 | 06:55 GMT-0

0

The always awesome morning report by Newsquawk:

Euro Market Open: Fed hikes 25bp but "ongoing" reference dropped; BoE, SNB & more ahead

Main points below

The Fed delivered a widely expected 25bps rate hike but dropped its reference regarding ‘ongoing’ rate hikes.
Fed kept its terminal rate view at 5.10%, while the median view for rates in 2024 was raised to 4.3% from 4.1%.
US Treasury Secretary Yellen told lawmakers that the Treasury is not considering insuring all uninsured bank deposits.
APAC stocks traded mixed with price action choppy as markets digested the FOMC. US equity futures nursed some of the prior day's losses.
European equity futures are indicative of a lower open with the Euro Stoxx 50 -0.4% after the cash market closed up 0.3% on Wednesday.
DXY was pressured and slipped below 103, EUR/USD is on a 1.09 handle, antipodeans outperform .
Looking ahead, highlights include US IJC & New Home Sales, BoE, SNB, Norges Bank & CBRT Policy Announcements, Speeches from ECB's Lane, Knot & BoE's Mann.

ADVERTISEMENT - CONTINUE READING BELOW

Tags

market overview

ADVERTISEMENT - CONTINUE READING BELOW

Most Popular

Canada set to tax the rich today in budget. 3 charts that show why the country is angry
Japan finance Minister Suzuki held bilateral meetings with Yellin
USD/JPY still making 30+ year new highs
Japan's FM Suzuki: FX levels reflecting various factors, not just rate differentials
Israel decided to strike inside Iran "as soon as possible" - report
NZ statistics office owns up to inflation data release error
Iran says there have been no airstrikes, only shot-down quadcopters

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

Contact us
Newsletter

GMT 00:00:00

LON 00:00:00

NY 00:00:00

TKYO 00:00:00

SYD 00:00:00

Get the Forexlive newsletter

Your email

First name

Last name

Select additional content:

Education

Trading offers from relevant providers

By submitting I agree to Forexlive’s Terms, Cookies and Privacy Notice.

Stock Daily Updates

AAPL stock
AMD stock
AMZN stock
AXON stock

Top Forex Brokers

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ForexLive Premium

ForexLive Premium

Must Read

The US is looking like an outlier in the global inflation picture. Why that matters.
Invest in Mexico's rise: Ride the bull with Mexican ETFs
Opinion: Buy Mexican Peso. Here's how to find a simple dip to buy Mexican Peso / USD
AMD stock might be ahead of another 34% correction
S&P 500 weekly RSI at 79.5: Caution for investors & traders
The biggest paper trading competition on Earth. Here is the top 10. What traders can learn
Apple stock technical analysis: I'm watching this potential retest
Tel aviv stocks and global sentiment amid Iran - Israel tensions

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

ADVERTISEMENT - CONTINUE READING BELOW

Become an Author
Contact Us
Advertise with Us
Newsletter

Latest News
Finance News
Education Center
Find a Broker
Events

Follow Us

Subscribe to Forexlive's Daily News Wrap

Read our Terms, Cookies and Privacy Notice

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: FOREXLIVE™ may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Finance Magnates CY Limited

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}