It was a volatile week of trading heavily influenced by hedging flows, as noted by sharp rises and declines in implied volatility measures such as theFriday was difficult in some respects because it left me feeling somewhat defeated.
Typically, in my experience, algorithms and programs use these moving averages a lot. The Fed said much of what was expected, but Powell could have been more hawkish, and he wasn’t. But the one thing we should consider or that I have noticed is that Powell likes to play the middle man a lot these days, and with Fed speakers today so frequently public, Powell doesn’t have to be as vocal anymore.
With that said, I would be curious to see how Fed speakers come out this week and make their case for rate cuts or not. I would guess that there will be more members talking about fewer cuts and some members talking about no cuts. This implies that the dots for the June meeting will shift higher.
Source: News Formal (newsformal.com)
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »