Given the momentum, I would expect all the Fed watchers to shift to 25 bps.
This article was written by Adam Button at www.forexlive.com.
On the day: Stoxx 600 +0.7%Germany DAX +0.6%France CAC +0.9%UK FTSE 100 flatSpain Ibex +0.3%Italy FTSE MIB +1.3% On the week: Stoxx 600 -1.8%Germany DAX -2.2%France CAC -3.2%UK FTSE 100 -0.5%Spain IBEX -2.6%Italy’s FTSE MIB -2.2% The market wasn’t happy about talk of corporate tax increases in France and Italy. This article was written by...
The market is pricing in just a 6% chance of a cut. Pricing in Fed fund futures shows 25.9%. Is it too early for someone to make the ‘hold’ call? This article was written by Adam Button at www.forexlive.com.
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