Welcome and good morning thank you for joining us for Wednesday’s daily market outlook.
The event marks an important turning point is job-creating continues to remain the key focus of the FED. According to energy minister khalid el Fallah the market was purposefully driven toward balanced by the slowing demand in Asia and signs that crude output will rise. A senior banker stated recently that such calls have never been conducted before as consistent as they had been recently amid the uncertainty of the out vote.
Possible moves might be expected early in the day for the euro as president mario draghi is expected to make a statement at 40 0GMT. Canadian dollar is expected to find some support against the dollar as canadian trade data is supposed to show some improvement in both imported and exported goods.
US dollar is expected to experience high volatility as detailed record of FOMC’s recent meeting will be published today. Yen is expected to be highly volatile at the end of the day as governor Kuroda sheduled speak of the branch managers meeting.
Video Length: 00:01:46
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