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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Investors Shift Focus from Trump Statement to Fed Movements


March, 01 2017
watermark Economic news

Investors are now shifting their focus from Donald Trump’s Congress address to the timing of the Federal Reserve’s interest rate hike in spite of Trump’s speech lacking significant details. This has been a cause of relief for Japanese investors, since a shift in the market focus would offer some sort of buffer for the Japanese yen, whose value seems to be consistently weakening during the past trading sessions. The JPY increased its losses for the third consecutive day, while Japanese equities posted rallies during the past session.

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