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home / news releases / CNY - Market Has Second Thoughts About Timing Of First Fed Hike


CNY - Market Has Second Thoughts About Timing Of First Fed Hike

  • The dollar's weakness, where the Dollar Index is falling for the seventh consecutive session, maybe helping to unpin commodity prices.
  • US equity futures have stabilized after yesterday's fall.
  • North America has a light economic calendar today, and Fed officials are in the blackout period ahead of next week's FOMC meeting.
  • Although gold is extended yesterday's reversals, base metals and oil are higher, and the CRB Index is at its highest level in over a month.

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Market Has Second Thoughts About Timing Of First Fed Hike
Stock Information

Company Name: Market Vectors Chinese Renminbi/USD ETN
Stock Symbol: CNY
Market: NYSE

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