FED WATCH: A Wait-and-See Line Expected at June 15th FOMC Interest Rate Meeting

The odds for an interest rate hike at the Fed’s June 15th meeting have come off significantly on the back of weak economic data out of the US. The Fed has outlined a “very gradual” glide path for interest rates going forward and explained the overarching dependence of upcoming rate action on incoming economic data, … Read moreFED WATCH: A Wait-and-See Line Expected at June 15th FOMC Interest Rate Meeting

FED WATCH: Fed Doves Tip Hat and Yellen Proceeds Cautiously

The Fed held rates at 25-50 bps at its March 16th FOMC meeting. The street was calling for a rate pause, despite firm economic data lately, though most market participants nodded to the appearance of the some hawkish rhetoric in both in the press conference, accompanying statement, and Fed projections (“the dots”). Markets were taken … Read moreFED WATCH: Fed Doves Tip Hat and Yellen Proceeds Cautiously

Research Focal Points: Gold Trends as Fed Hike Cycle Kicks Off

Gold Investors have been shortchanged for the past several years, as the bullion has taken a dive from the $1920.80 highs, put in place in 2010, all the way down to the $1061.00 lows set earlier in 2015. A bevy economic events have placed pressure on the yellow metal. Tough measures by the India’s government … Read moreResearch Focal Points: Gold Trends as Fed Hike Cycle Kicks Off

FED WATCH: December Hike Odds Edge Higher Alongside “Gradual Pace” Language for First Dove-Hike

The FOMC’s minutes, released on Wednesday 2:00 (ET) showed that the majority of Fed members felt that a Dec hike is appropriate and that the US economy could, now, withstand higher interest rates. However, a few members felt that the hard economic data indicates that the criteria for a hike may not have been met, … Read moreFED WATCH: December Hike Odds Edge Higher Alongside “Gradual Pace” Language for First Dove-Hike

FED WATCH: To Oct or Not to Oct…That is The Question

The FOMC held interest rates at 0-25bps at their Sep 17th meeting. The statement was little changed from last time, however the majority of keystone information arrived on the back of the economic projections and the accompanying press conference rather than on the statement itself. Going forward, it is going to be exceedingly difficult for … Read moreFED WATCH: To Oct or Not to Oct…That is The Question

FED WATCH: September Fed Rate Decision will be a Close Call

There is no clear answer whether or not the Federal Open Market Committee will hike the Federal Funds Rate at their meeting on September 17th. As the world eagerly awaits the verdict, the probability for a Sep hike have dwindled down to just 28% from 50% just weeks ago as China Growth concerns have rattled … Read moreFED WATCH: September Fed Rate Decision will be a Close Call

Fed Watch: While China’s Growth is Away The Fed Doves Will Play

Wednesday’s Fed minutes, from the July 29th FOMC meeting took markets by surprise, not only because the embargoed time was broken with the early release, but also because of the dovish stance taken by FOMC committee members. The release arrived contrary to the hawkish Fed rhetoric that has been prevalent in the market place for … Read moreFed Watch: While China’s Growth is Away The Fed Doves Will Play

Fed Watch: The Reign of The Fed’s Hawk Camp Strengthens as Jobs Are on Track

Markets dialed up the odds of Sep rate hike in the US. The spotlight, this week, was on the Non-Farm Payrolls release, while the results did not seal the deal for a definite rate lift off at the Sep Fed meeting they did illustrate that a solid pace in employment growth is intact. The economic … Read moreFed Watch: The Reign of The Fed’s Hawk Camp Strengthens as Jobs Are on Track