20-09-2023, 06:19 PM
While the Fed is not expected to raise rates investors are eagerly waiting for the Fed minutes released at 230am Singapore time.
Why it will cause a selldown at 2:30am
1. Fed has to show it us tough on inflatiing which is creeping il again. ..and gettinv worse as oil prices go up.
2. To send a signal to market that it will keep rates higher for longer it will draw dot plots ....these dot plots will disappoint investors causing then to sell.
hence market will drop sharply at 230am .....
https://www.cnbc.com/2023/09/19/heres-ev...esday.html
Why it will cause a selldown at 2:30am
1. Fed has to show it us tough on inflatiing which is creeping il again. ..and gettinv worse as oil prices go up.
2. To send a signal to market that it will keep rates higher for longer it will draw dot plots ....these dot plots will disappoint investors causing then to sell.
hence market will drop sharply at 230am .....
https://www.cnbc.com/2023/09/19/heres-ev...esday.html