All About Those Dots This Week
It’s time for the September FOMC, where all the expectations of an official tapering announcement have faded but hopes for volatility isn’t lost as those pesky dots might give Powell a hard time.
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We interpret and explain price moves in real-time, 24 hours a day. Our team of analysts produce text, video and audio commentary.
You understand the markets and trade with confidence. Learn more at our website here: https://financialsource.co
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The August NFP print have all but eroded the odds of getting an official tapering announcement from the Fed at the September meeting. However, the August NFP didn’t derail tapering completely as an announcement is still expected in November.
Thus, the incoming jobs data will be critical to markets as the data will give us a hint on whether the Fed will choose a slow taper or a fast taper, which is far more important than whether the actual start date is December or January.
However, that type of speculation will only commence when we get the September NFP print on the 8th of October. Which means the September meeting might only give us a subtle hint of an announcement in November.
But don’t lose all hope for volatility though. With an updated Summary of Economic Projections at the meeting, another change in the median FOMC dot projections could make Powell’s life very difficult during the presser.
As always, more on this and how we look to take advantage of that in our week ahead video.
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If you find these weekly analysis and trade ideas useful, you’ll love Financial Source. There’s a link below where you can learn more about it.
https://financialsource.co
----
We interpret and explain price moves in real-time, 24 hours a day. Our team of analysts produce text, video and audio commentary.
You understand the markets and trade with confidence. Learn more at our website here: https://financialsource.co
-----
The August NFP print have all but eroded the odds of getting an official tapering announcement from the Fed at the September meeting. However, the August NFP didn’t derail tapering completely as an announcement is still expected in November.
Thus, the incoming jobs data will be critical to markets as the data will give us a hint on whether the Fed will choose a slow taper or a fast taper, which is far more important than whether the actual start date is December or January.
However, that type of speculation will only commence when we get the September NFP print on the 8th of October. Which means the September meeting might only give us a subtle hint of an announcement in November.
But don’t lose all hope for volatility though. With an updated Summary of Economic Projections at the meeting, another change in the median FOMC dot projections could make Powell’s life very difficult during the presser.
As always, more on this and how we look to take advantage of that in our week ahead video.
-----
If you find these weekly analysis and trade ideas useful, you’ll love Financial Source. There’s a link below where you can learn more about it.
https://financialsource.co
