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Copper Jumps On Supply Disruption and Chinese Market Recovery

Copper Jumps On Supply Disruption and Chinese Market Recovery

5:22am today (Nathalie Huynh,)

Copper jumped on a second day, prompted by a combination of supply disruption and Chinese stock market recovery. Commodity prices also lifted with US dollar in a third day of losses. »

US Dollar Likely to Rise After FOMC Policy Announcement

US Dollar Likely to Rise After FOMC Policy Announcement

5:08am today (Ilya Spivak, Currency Strategist)

The US Dollar is likely to rise after the FOMC policy announcement, with outsized volatility to follow if Yellen and company deliver a surprise rate hike. »

Crude Oil, Gold Treading Water as SPX 500 Tries to Launch Recovery

Crude Oil, Gold Treading Water as SPX 500 Tries to Launch Recovery

4:15am today (Ilya Spivak, Currency Strategist)

Crude oil and gold prices are consolidating losses while the SPX 500 is attempting to launch a recovery after snapping a three-day losing streak. »

Japanese Yen Steady after Retail Sales Contract, Risk Focus Intensifying

Japanese Yen Steady after Retail Sales Contract, Risk Focus Intensifying

3:00am today (Daniel Dubrovsky,)

USDJPY was little changed after Japan’s retail sales data crossed the wires as anxious traders awaited today’s Fed update. »

FOMC Decision Holds Reins on Dollar and SPX, Pound Mixed after GDP

FOMC Decision Holds Reins on Dollar and SPX, Pound Mixed after GDP

2:52am today (John Kicklighter, Chief Currency Strategist)

Market activity this past session carried the distinct sense of the deep breath before a big exhale. »

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