FOMC

The FOMC policy meeting concludes its two-day session on Wednesday. and is widely expected to keep rates unchanged. But there is considerable discrepancy about what happens after that. Which means there is a possibility of a significant…
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Both economists and the markets agree that the Fed will cut rates by 25 bps on Wednesday. Assuming no surprises there, the focus will be on what the FOMC signals for next year. There are some additional uncertainties about the forward rate…
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The Fed is not in its pre-rate decision blackout, meaning that the market has to focus on the data to figure out what will happen at the last rate decision of the year. Friday's November US NFP is one of the two major data points that will…
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This week is pretty compact for dollar traders. US markets will be practically closed for the last two days of the week, with all the major data coming out over the course of Tuesday and Wednesday. Markets are open for half a day on Friday,…
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Before the election, there was a near-unanimous expectation that the FOMC Rate Decision would result in a cut by 25bps at the conclusion of its policy meeting on Thursday. That expectation has only strengthened since then. While a Trump…
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It's normal for elections to have a short-term impact on currencies. But the difference in policy that might be pursued by the two major candidates in the US elections could exaggerate that impact. With both well in the margin of polling,…
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The twin most important events this week for the markets are likely to be CPI and the FOMC Minutes a day later. This is because the shocker of NFP on Friday has thrown the market rate calculus into disarray, and some additional insight is…
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Markets seem to be holding their breath ahead of key September NFP data expected on Friday. There have been a lot of events in the world this week to push markets around. But the focus seems to still be on a combination of whether the…
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The markets are poised for a potentially radical reaction to the outcomes of the FOMC meeting today, which will conclude on Wednesday. That's in part because of the major shift in expectations over the last few days. With no clear forecast…
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UK 100 index probes resistance The  UK 100 index (FTSE 100) recoups some losses, and the index so far has found support at 8240 as price action creates a bullish channel, offering buyers some relief. Still, they are not out of the woods…
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