The NZD is the strongest and the USD is the weakest as the NA session begins


The day after the FOMC. China regulators ease market fears

The NZD is the strongest and the USD is the weakest of the majors a night after the FOMC kept rates unchanged and Chair Powell indicated no rush to taper bond purchases (or raise rates) any time soon.  China eased fears after a call with market participants in which they said the regulation against education companies is an isolated incident.  The Shanghai index rose 1.49%.  Today, in addition to the weekly claims, the long awaited US GDP for the 2Q is expected to show growth of 8.5% (claims are expected at 385K vs 419K last week).  Robinhood will go publc with the price near the low end of the price expectations at $38.  Facebook and Paypal shares are lower in pre-market trading after warning on expectations going forward, but the Dow and S&P are higher. The Nasdaq is down marginally after rising for the 6th time in 7 days.  

The day after the FOMC. China regulators ease market fears

In other markets as North American trading gets underway shows:



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