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Today's stock and macro update: Equity market Santa rally coming early, US GDP and FOMC key...

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Nick Batsford, CEO of Tip TV, was joined by James Hughes, Chief Market Commentator for eToro, on the Tip TV Finance Show to discuss the US and UK GDP figures, as well as the outlook for a Fed rate hike and the Gold/CHF. Fed rate hike to be pushed into 2016 Hughes outlined that UK GDP came in this morning at 0.5%, and this led Hughes to note the US GDP figure and the FOMC meeting, where he concluded that a weak US GDP number will result in a Fed interest rate hike being pushed further into the

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