What member write about us: 14.06
- Anna K.
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For the second time this year US Federal Reserve has increased national rate by 25 basis points. It was also stated that rates will probably go up two more timed by the end of the year. And, as always markets didn’t wait for the response to such news. Problems started in Chinese segment of the market and right ow all of the major points are in the red zone. Officials say that the decision to up the rates comes from the joblessness and inflation rates that do up much higher that was previously expected.
Dollar has risen to 7-months high which is exactly what we were expecting of it. and feels good.
Historical event took place today. Is there anything left to say? Information on the markets’ reaction is inside.
G-7 is behind us, Trump-Un meeting is awaiting to begin. Oncoming week is going to be an interesting one.