Thursday’s run of impressive US economic data in the form of GDP and initial jobless claims could very well take any expectation for a 50 basis point Fed rate cut off the table.
Thursday’s run of impressive US economic data in the form of GDP and initial jobless claims could very well take any expectation for a 50 basis point Fed rate cut off the table. Nevertheless, despite the stronger showing, the rates market hasn’t really budged, still pricing another 100 basis points of cuts between now and year end.
Any opinions, news, research, analyses, prices or other information ("information") contained on this video, constitutes marketing communication and it has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Further, the information contained within this Blog does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of, or solicitation for, a transaction in any financial instrument. LMAX Group has not verified the accuracy or basis-in-fact of any claim or statement made by any third parties as comments for every Blog entry. LMAX Group will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. No representation or warranty is given as to the accuracy or completeness of the above information. While the produced information was obtained from sources deemed to be reliable, LMAX Group does not provide any guarantees about the reliability of such sources. Consequently any person acting on it does so entirely at his or her own risk. It is not a place to slander, use unacceptable language or to promote LMAX Group or any other FX and CFD provider and any such postings, excessive or unjust comments and attacks will not be allowed and will be removed from the site immediately.
Comments
Log in or sign up to join the conversation.