The trading day on Wall Street is expected to open by rising prices,
Yesterday the price of the oil showed a jump of 1.7%, while today adding 0.8%.

The Federal Reserve raised the base rate in the United States range of 0.75% to 1%, compared with 0.5% -0.75% so far.
The rate hike yesterday was only the third increase since 2006.

China’s central bank raised a short-term interest rates for the second time in two months following the increase in the US interest rate of 1%.
Term interest rates of one week, two weeks and 28 days each rose by 0.1%. Seven-day rate rose to -2.45%.

In Japan, the central bank has decided to leave unchanged the interest rates at zero, and also kept short-term interest rate of 0.1% negative.
The Bank announced that it will continue as long as buy Japanese government bonds at an annual rate of 80 trillion yen (705 billion dollars).

The European stock exchanges trading takes place this morning with rising prices following the trend in Asia and on Wall Street.
The FTSE rising by 0.6%, the DAX climbed by 1.1%, the CAC IS stronger by 0.6%.

Trading Opportunity
GBP/JPY

On 4 hours chart the pair convergent in a triangle pattern.
We are waiting for the decision of the market forces which way the pair is about to go, up or down.
A call trade would be from the price level of 140.50 and up.
A put trade would be from a price level of 138.50 and down.

U.S. Consumer Prices Show Biggest Annual Increase Since 2012
The consumer-price index climbed 0.1 percent from the previous month after a 0.6 percent January advance that was the largest in nearly four years.

U.S. retail sales in February posted the smallest gain in six months,0.1%, which indicating a tempering of the consumer spending that’s been carrying the economy.

UK unemployment fell to 4.7%, as it was in 2005.
Before that, the only time there was such a low point was in 1975.
A year ago, unemployment was 5.1%.
However, wage growth has slowed significantly to 2.2% from 2.6% in the previous three-month period.

The markets are waiting for the US interest rate decision today.
In addition, the elections in the Netherlands are also leaving the investors in suspense, as they may mark the way the Euro zone will go in the coming years.

The trading on Wall Street stock exchanges closed on a negative trend at the background of the opening of the two-day sitting of the end of the Federal Reserve.
The energy stocks led the declines after the price of the oil retreated for the seventh day in a row.
The S&P 500 and the Nasdaq fell by 0.3%, the Dow jones retreated by 0.2%.

The British pound getting stronger today against the US dollar, adding 0.6% and traded at a rate of 1.222 dollars to the pound.
The Euro rises against the US dollar by 0.25% and trading at a rate of 1.063 dollars per euro.

The price of the oil is rising this morning by 1.7% and traded at a price level of 48.5 US dollar per a barrel.

Trading Opportunity
CAD/CHF

On a daily chart the came down to a resistance area, which was strong enough to hold the pair from decline further down once again.
The tendency is to look for an opportunities for call trades, from around the levels of 0.7470 – 0.7500.

The monthly production data of OPEC showed that Saudi Arabia’s output rose again above the level of 10 million barrels a day.

Wall Street stock markets opened the trading day on a negative trend ahead of the two-day sitting of the Federal Reserve central bank in which is expected to announce a rate hike in the US.

The oil is trading with gains, but still remained below 50 dollars a barrel.
WTI oil rising by 0.6% to 48.6 per barrel and Brent oil rising by 0.7% to 51.7 per barrel.

The US wholesale prices climbed sharply than expected in February.
The producer price index (PPI) climbed last month by 0.3% compared to January and well above economists’ forecasts of a 0.1% increase.