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The Fed put a December rate hike on the table, stocks rally

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Quick Recap A massive night of trade which has left stocks in the US and Europe sharply higher even though the Fed put a December rate hike right on the table. That seems to be because in highlighting the the move toward the rate hike the Fed also changed its language around where they see the US economy and global markets. My colleague Akin Oyedele from Business Insider in the US wrote a nice little piece highlighting the changed rhetoric around consumers and business as well as

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