Analyst
US futures slipped while US Treasury yields rose as markets reacted to the Bank of Canada's unexpected rate hike. This and an earlier rate hike in Australia led markets to reassess inflation risks and interest rate expectations.
Interest rates may soon stop rising, but they are expected to remain at high levels for an extended period of time, leading to some unease in the market. This is especially important in view of the upcoming decisions of the Federal Reserve (June 14) and the European Central Bank (June 15).
Swaps suggest that market participants have increased their bets on Fed rate hikes and are pricing in a 25 basis point increase for the July meeting.
The Nasdaq 100 fell nearly 0.4% as tech stocks suffered on concerns about higher interest rates. Large-cap technology companies (big tech) that had rallied in recent days now face headwinds on the prospect of continued high interest rates.
Oil prices held steady as investors weighed supply and demand, with Brent crude futures edging lower.
Key Currencies to Watch: EURJPY, USDJPY, USDCAD, EURUSD, GBPCAD, EURAUD, EURCHF, USDCHF...
When I joined the Rally family, I had zero knowledge about forex. I attended their seminars and lectures and it was a thorough and quality experience. Talking about my success in forex , it’s a steady process , I’ve enjoyed lots of profits and a few losses. I’m grateful for the rally trade foundation I have, I look to grow from under the wings of Rally.
Kobi
I was told I could make money in my comfort zone, then I thought; “this could actually happen in my dreams”. But guess what, I made money and I’m still making money in my comfort zone with RALLY TRADE. To my account manager OLUWASEUN: thank you for keeping to your words and for being nice at the same time, thank you for having my back, you’re the best.To RALLYTRADE: thank you for this opportunity and for letting me know I could do more and better with myself..
Ebere Uzodinma
I am so much impressed not by anybody's action or motivation to pronounce my encounter with rally trade company. I would love to say this company has done so much in my life; personally. I listen to a radio station programme about a seminar/training on how to trade forex, I planned to attend though I don't believe it will work for me. After the training I got a call from one of Rally trade staff, in person of Tamuno who done so much to convince me to go in for the trade. This young girl have been so impacting since I stated the trade and she has never for once ignore my request for support and advice; I so much appreciate you...
Oluwatuyi Timileyin Samuel
THANK YOU, THANK YOU, THANK YOU Rally trade team for the excellent work you are doing. I recommend rally trade for anyone who want to profitably trade Forex on a consistent basis.
Oluwaseun Kayode
I have been with rally trade broker for one year now, they are reliable broker and they have excellent performance in term of training, customer service and prompt payment of profit withdrawal. Morealso, i am also beneficiary of one of their partner program (introducing broker) which I have been receiving payment for monthly commission on it. I recommend Rally trade to d prospective individual and company that intend to trade in forex . Thanks to Rally Trade
Adefuwa Ayodele