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Today's stock and macro update: FOMC to be a non-event, China stabilisation is premature

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 Mike Ingram, Strategist for BGC Partners, on the Tip TV Finance Show discuss the FOMC meeting and US data, plus the ECB, China and the Bank of Japan. Market wait FOMC statement Batsford highlighted FX Street, who noted that Fed interest rates are likely to be kept unchanged, with a surprise, although very unlikely, would be one of a dovish tone. They continued that a non-event may keep the USD strength intact as dropping rate hike bets makes

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