Article Hero

Omicron uncertainty over Fed policy

Miguel A. Rodriguez
Miguel A. Rodriguez
06 December 2021
Likely BoE interest rate hikes could be stalled due to Omicron
  • Gold prices were steady as investors tried to gauge what impact a weak U.S. jobs report would have on the Federal Reserve's monetary policy amid uncertainty sparked by the #Omicron coronavirus variant
  • A member of the Bank of England's Monetary Policy Committee has signalled rate hikes are likely based on current forecasts but data on Omicron could change things
  • The dollar ticked higher amid a broadly calmer tone in markets as fears over Omicron's impact eased, but currency moves were muted ahead of a key U.S. #payrolls report
  • #BTCUSD plummeted 1.3% in the last session
  • #XAUUSD rose 0.8%
  • #WTIUSD dove 1.6% in the last session

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

Share this article

How did you find this article?


Read More

Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.