The market awaits Fed news today which will be released at 2pm EST. Â There is no press conference this time. Previously Fed indicated that it may raise interest rates four times in 2016. With several days of consolidation off the recent swing lows, this news is potentially a catalyst for a move higher. Please note,
Federal Open Market Committee’s two-day meeting on interest rate policy begins in Washington. Separately, reports are likely to show solid gains in house prices in November, with the S&P/Case Shiller house price index expected to have risen 5.7 percent year-over-year in November, compared with 5.5 percent in the year to October. The Conference Board is
The policy tightening kicked off by the Fed this week promises to be among the longest and slowest of modern times. The S&P500 trader lower at first then closing at the highs of the day. Today, a day later experienced a significant sell off. The VIX trader lower and the Yields higher The world market
Fed raises rates by 0.25% as expected. Here is the unexpected in the Fed statement. Fed expands the criteria for future interest rates beyond inflation and employment. Fed leaves room open for two or three increases in 2016. The market only expects a 2 rate increase next year. Most likely, the FED will accommodate to
The U.S. Federal Reserve’s Federal Open Market Committee is due to conclude a two-day meeting and announce its decision on interest rates. The first U.S. rate rise since 2006 is largely priced in, as traders see an 83-percent chance the central bank will lift its targeted rate range to 0.25 percent to 0.50 percent from
Approximately 75% of the market players expect a rate increase this week. The portfolio is approaching all time highs however with long exposure and with a market trading in a wide range there is a possibility of a sell off below the 2020 level in the SPX. Sunday futures traded higher however most traders