Fed says Open Market Committee unanimously selected Jerome Powell to serve as chairman effective feb 3; scheduled to be sworn in feb 5

Market news

1 February 2018

Fed says Open Market Committee unanimously selected Jerome Powell to serve as chairman effective feb 3; scheduled to be sworn in feb 5

Updated longer-run goals and strategies statement to incorporate december's median estimate for longer-run unemployment rate
Says gains in employment, household spending, business fixed investment have been solid

Chinese companies were generally optimistic that output would rise over the next year - Markit

Federal funds futures imply traders see 88 pct chance Fed raising interest rates at march 20-21 meeting - Reuters data

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.