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In spite of yesterday’s disappointing Q1 economic results, the FOMC members yesterday declined to provide suggestions related to the expected interest hike, removing key phrases from the Statement.

The ECB and BoC decided yesterday to maintain their present interest rates, as optimism over economic recovery rules for the rest of 2015. Both banks are expecting higher inflation, especially thanks to rising energy prices.

Upside momentum in manufacturing continues to gain as loose monetary policy help struggling economies boost exports via weaker local currencies.

US GDP for Q4 2014 disappointed investors, leaving the Federal Reserve in a quandary regarding interest rate hikes. Both Fed Chair Janet Yellen and Vice Chair Stanley Fisher have confirmed plans for a rise; however, their statements contrast with the real

Although largely expected, the FOMC still managed to stun investors after confirming that higher interest rates for the US economy were in the pipeline and would be considered at subsequent FOMC meetings.

The bounce in oil prices from multi-year lows looks to have run its course with the latest reversal downwards progressively gaining momentum.

Weak European and Asian sessions taking their toll on localcurrencies have bounced back, finally striking back at the US dollar, with major currencies rising against the USD alongside a near-term technical correction in the US currency.

US stocks have seen returns turn negative for the year started January 1st as weakening consumer sentiment and spending weigh on the outlook with a stronger dollar. American corporations are already complaining about the impact of a stronger dollar on earnings as exports become more expensive.  The consumer savings rate has climbed to a multi-year high which is further evidence that a recovery in consumer spending is not around the corner despite the decline in energy prices.  The weakness in stock benchmarks was coupled with sliding Treasury yields after a 3-year auction saw scorching demand from foreign central banks with indirect bidders taking down the most of an issue since 2010.  The move lower in yields is accompanied by the weakness in gold prices which continue to feel the pressure of a stronger dolla

Although outpacing growth in other developed economies, the US continues to face headwinds as macroeconomic data disappoints analyst expectations.

Nonfarm payrolls managed to surprise investors after job creation soared, driving down the unemployment rate to 5.50%.

In remarks to the Senate Committee hearing, Janet Yellen discussed the U.S. economic outlook and lingering issues preventing interest rates from increasing.

Day one of latest round of negotiations proved a stalemate as the standoff between the Euro Area and Greece persists.

Japanese Ministers continue to tout the upside in their policies despite real growth continuing to slump in the world’s third largest economy.

Crude oil inventory builds once again smashed expectations, seeing prices slide back below $50 per barrel on strong output.