FED Patience or more hike or more dovish Vs TRUMP CHINA DEAL.
The Fed may not have changed interest rates today but it still sent a hugely powerful signal to cut-rate coming months.
Need to watch some points:
Geopolitical and Market Analysis.
•The FOMC statement said the Fed would be patient.
•Mr. Powell said it would depend on incoming data. The Fed previously had a strong inclination to raise rates, but last NFP data was disappointed and expecting coming month data more weak as CHINA USA TRADE war showing some significant negative of the global economy.
•Other central bank shifted some comments to the negative side to cut rate.
•Inflation has been persistently weak, this could be a not good sign to more rate hike,
.Investors Happy the Fed Rate cut decision coming month or later.
.Trump very keen to make deal with China own T&C But Trump would not make a good deal if Fed Drive high rate and High $, That’s why Fed and Trump had some issues.
•We are expecting some dovish comments today but need to watch technically chart, $ might go higher for correction then coming month downside trend towards 103.00 before the election.
The Fed may not have changed interest rates today but it still sent a hugely powerful signal to cut-rate coming months.
Need to watch some points:
Geopolitical and Market Analysis.
•The FOMC statement said the Fed would be patient.
•Mr. Powell said it would depend on incoming data. The Fed previously had a strong inclination to raise rates, but last NFP data was disappointed and expecting coming month data more weak as CHINA USA TRADE war showing some significant negative of the global economy.
•Other central bank shifted some comments to the negative side to cut rate.
•Inflation has been persistently weak, this could be a not good sign to more rate hike,
.Investors Happy the Fed Rate cut decision coming month or later.
.Trump very keen to make deal with China own T&C But Trump would not make a good deal if Fed Drive high rate and High $, That’s why Fed and Trump had some issues.
•We are expecting some dovish comments today but need to watch technically chart, $ might go higher for correction then coming month downside trend towards 103.00 before the election.