Market news

Show news:


06.11.2019 23:21

New York Fed President Williams: Fed would address next recession by cutting interest rates to zero, and using communication and asset purchases

  • Data shows labor market is strong
  • Data dependence means reassessing full employment
  • Labor market is really strong with low unemployment
  • Fed officials have a lower view of what sustainable level of unemployment is based on low-inflation
  • Job growth is still solid despite slowdown in exports, business investment in the global economy
  • Slowing global growth and muted inflation pressures argue for a more accommodative policy
  • Monetary policy is moderately accommodative right now
  • Three cuts we did were very effective at managing risks to the U.S. economy
  • Fed will be data dependent and preemptive going forward
  • Fed's change from raising rates cutting rates was about assessing the risks to the outlook
  • Monetary policy does have some limitations so it would be nice to have fiscal policy aligned when addressing downturns
  • Monetary policy going forward should have a commitment to asymmetric 2% inflation goal
  • Does think that 2% inflation is achievable
  • Monetary policy should be somewhat accommodative to support growth of a more inclusive labor market


Keep up with latest Forex market news updates: Currencies, central banks, economic indicators for oil and gold trading – all you need to work effectively on Forex.

May 2020
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Sydney 21:00 06:00 00:00 09:00 00:00 09:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Hong Kong, Singapore 00:00 09:00 03:00 12:00 03:00 12:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenCloseе
London 07:00 16:00 10:00 19:00 10:00 19:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
American New York 12:00 21:00 15:00 00:00 15:00 00:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Chicago 13:00 22:00 16:00 01:00 16:00 01:00