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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Asian Stocks Drop as JPY, Bonds Surge

March, 21 2017
watermark Economic news

Asian stocks dropped as the Japanese yen maintained its hold on its recent gains while bonds surged in value after Fed officials re-sparked the debate on the central bank’s timing with regards to its monetary policy adjustments in the future. Chicago Fed President Charles Evans stated that the Federal Reserve could raise its rates by up to four times this year, although his colleague, fellow Fed official Neel Kashkari states that the Fed could might as well take its time with regards to hiking its interest rates.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.