Fed's Rhetoric page 3
Markets Tumble After the Fed Decision | Daily Market Analysis
Key events: UK - Composite PMI (Oct) UK - Services PMI (Oct) UK - BoE Interest Rate Decision (Nov) UK - BoE Gov Bailey Speaks USA - Initial Jobless Claims USA - ISM Non-Manufacturing PMI (Oct) UK - BoE Gov Bailey Speaks
Yellen Is The Canary In The Coal Mine | Daily Market Analysis
Key events: USA - CB Consumer Confidence (Oct) Decreasing liquidity levels in the treasury market are beginning to worry the U.S. Treasury Department. Back on October 14, U.S. Treasury Secretary Yellen announced the possible start of redemption of some of its old debt obligations.
Earnings Season to Boost S&P 500 | Daily Market Analysis
Key events: Eurozone - ECB's De Guindos Speaks Canada - BoC Business Outlook Survey Eurozone - ECB's Lane Speaks US - Federal Budget Balance Canada - BoC Senior Deputy Governor Rogers Speaks The fourth quarter earnings season of a tough year for stocks is here, while the S&P 500 Index lost 25% so far. The market is back at oversold levels, and the upcoming reporting season may help it show a short-term recovery that will please investors but is unlikely to last.
Macro Data Influence on the Fed's Rhetoric | Daily Market Analysis
Key events: UK - Composite PMI (Sep) UK - Services PMI (Sep) USA - ADP Nonfarm Employment Change (Sep) USA - ISM Non-Manufacturing PMI (Sep) USA - Crude Oil Inventories The bad news now means the possibility of good news from the Federal Reserve. "Bulls" in the gold market seem to be expecting a significant deterioration in the U.S. (not in terms of inflation, but in terms of economic growth), which would discourage the central bank from aggressively raising interest rates, thereby undermining markets.