You are here: Home > Forex > Daily Market Bite 29th JAN 2015: Fed comments send US & Asian Indices Lower
Daily Market Bite 29th JAN 2015: Fed comments send US & Asian Indices Lower
January 29, 2015 9:26 amVideo
Latest News
- Technical Analysis – GBPUSD posts 2-month high before paring some gains May 29, 2024
- OPEC+ supply cuts to stay, but patience might start running out – Special Report May 29, 2024
- USD/JPY: Simple trading tips for novice traders on May 29th (US session) May 29, 2024
- GBP/USD: Simple trading tips for novice traders on May 29th (US session) May 29, 2024
- EUR/USD: Simple trading tips for novice traders on May 29th (US session) May 29, 2024
- Trading Signals for GOLD (XAU/USD) for May 29-31, 2024: sell below $2,346 (oversold- 200 EMA) May 29, 2024
- Trading Signals for EUR/USD for May 29-31, 2024: sell below 1.0851 (21 SMA – 200 EMA) May 29, 2024
- GBP/USD: trading plan for the US session on May 29th (analysis of morning deals). The pound continues its correction May 29, 2024
- EUR/USD: trading plan for the US session on May 29th (analysis of morning deals). The euro is pushing in the channel May 29, 2024
- EUR/USD. May 29th. Bulls are running out of strength, but inflation can help them May 29, 2024
- GBP/USD. May 29th. The pound is not worried about the lack of drivers May 29, 2024
- US stock markets rally but volatility plunges – Stock Markets May 29, 2024
- Video market update for May 29, 2024 May 29, 2024
- Market Comment – Dollar trades sideways as focus turns to US yields May 29, 2024
- Nasdaq hits 17,000 milestone as market swings continue May 29, 2024
- Forex forecast 05/29/2024: EUR/USD, EUR/JPY, GBP/JPY and Oil from Sebastian Seliga May 29, 2024
- USD/JPY: trading tips for beginners for European session on May 29 May 29, 2024
- GBP/USD: trading tips for beginners for European session on May 29 May 29, 2024
- Will core PCE inflation spur a less hawkish Fed? – Preview May 29, 2024
- EUR/USD: trading tips for beginners for European session on May 29 May 29, 2024
Asian shares extended losses on Thursday after the Federal Reserve took an upbeat view on the U.S. economy and signalled that it remains firmly on track to raise interest rates this year, despite an uncertain global outlook. U.S. stocks closed down on Wednesday, driven by a sharp decline in the S&P 500 energy sector and comments from the Fed. The Dow closed 195 points lower at 17,191 and the S&P500 fell 27 points to 2,002.
The Dollar held its ground against most of its peers, but the Euro, already under renewed pressure on worries about Greece, dipped to $1.1275 and toward an 11-year trough of $1.1098 set first thing this week. Against the Yen, the Dollar added about 0.1% to 117.70 Yen.
U.S. crude futures were nearly flat on the day at $44.48, having sunk as low as $44.08 on Wednesday, their lowest since April 2009
Within the equity space Royal Dutch Shell are bottom of the FTSE100 after the oil major said it would lower its capital investment in 2015 and curtail overall spending by a total of $15 billion over the next 3 years in response to lower oil prices. The stock is down 4% in early trade at 2155p per share.
Related Posts: