World Market News of the 19 February with FXOpen #fedrate #nvidiastock

European Markets Head for Negative Start to the New Trading Week European markets are set to start the new trading week on a negative note, changing course after largely positive sentiment last week. In Asia-Pacific overnight, stock markets in China rose as traders returned from the Lunar New Year holidays on Monday to upbeat travel data, while Hong Kong stocks fell. The People’s Bank of China on Sunday held a key policy rate steady as expected, as markets reassessed when the U.S. Federal Reserve might start easing its monetary policy this year. US markets are closed Monday for Presidents Day. Source: CNBC The Fed Is Set to Cut Rates This Year A weak US dollar is generally positive for emerging markets, which is often the case when the Fed cuts interest rates outside of an economic crisis. The Indian rupee is likely to strengthen, benefiting from carry trades and hopes that the Reserve Bank of India may loosen its monetary policy more slowly than peers. Improving econom