Markets await Fed's move as Spain's outlook worries investors
Both the European and the American economies are under close scrutiny as they showed last week signs of possible regressions: the less than expected growth of the U.S. GDP was taken as a symptom of a slowdown in the American economy's recovery process, while Spain's apparent incapacity to stick to its austerity maneuvers in order to pay its debt impacted the prospects for the already ailing European economy.
Commodity and Forex markets took notice of the situation: Gold is trading flat as investors await news about the fate of the USD - the eventuality of the announcement of further monetary easing policies by the Fed is keeping Gold's price where it is - as much as Oil is trading low, as expectations for a fossil-fuel boosted global economic recovery is now less foreseeable than before.
In the Forex markets, the JPY gained ground against the USD, as the BoJ's economic measures are supporting the Japanese currency against the USD's uncertain's future.
Archives
En
tant que trader chez ECMarkets, vous avez accès illimité à tous nos articles en
archive.
Cliquez ici pour être redirigé vers l'archive des
Infos.
|
Français
