Market Comment | Steady financial markets ahead of FOMC decision
Published on Wednesday, May 3, 2017
Market Comment | Steady financial markets ahead of FOMC decision
Summary
Investors showed cautiousness ahead of the FOMC’s decision later today, as reflected in financial markets’ performance: the USD nudged up, stock prices were little changed and sovereign bond yields inched down. Nonetheless, no significant changes are expected, but the statement will be scrutinized for further hints of coming interest rate hikes or plans for reducing […]
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BBVA Research
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