i would add, its a meeting the fed could do without. mkt wants action, by just talking it may be a negative confirmation. its like a 1-1 score in the CL after a 0-0 first leg, there can be no extra time. either they add something or, by adding nothing, they take away.
london red 17:32:04 GMT - 06/10/2020
fed dots if deemed too optimistic can lead to a tantrum. the mkt is so fixated on support it cannot handle good news from the economy. if some fed officials have dots too high too soon, then the mkt will read higher rates. really they cannot afford to dwell on any improvements they have seen already or expect to see. he needs to dwell on being ready to step up if there is slightest signal or a reverse in data or virus worsening. remember the day we got the first 6 million job loss, at the same time of the release they dumped a huge expansive program on the mkt. only when they are satisfied the mkt is safe/high enough, then they will ease off. but fed will expand another v3 to 5 trillion before that happens.
Tallinn viies 17:16:22 GMT - 06/10/2020
red - may I ask how Powell can dissapoints. as far as I understand then only if he says "we stop printing as evironment already good enough"
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
Global-View Affiliate Program
We are starting an affiliate program to market some of our products.
Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.
Put the word "affiliate" in the email subject line.
looking for your first broker or do you need of a new one? There are
more critical things to consider than you might have thought.
We were trading long before there were online brokers. Global-View
has been directly involved with the industry since its infancy. We've
seen everything and are up-to-data with recent regulatory changes.