By Leo Alkalay (eToro Blog) As the US trading session is set to open, tension among market participants is heating up ahead of FOMC meeting due at 19:15 GMT. Investors are mostly unanimous with expectations of “no change” to Fed official policy. Rhetoric of Fed chairman will, as always remain on focus. The Chairman is expected to point on continued economic weakness but refrain from suggesting further stimulus [...]
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Kiwi Dollar Jumps on National Party Victory
(eToro Blog) Prime Minister John Key emerged victorious in general elections held in the country on Saturday. The National Party won 60 seats in Parliament with almost 40% of the vote and secured the majority with support from Act New Zealand and United Future. Prime Minister Key is in talks with the Maori party to [...]
