Digesting Event Risk

Special report: FOMC Preview – Finally 25

It's been 12 months since the last Fed rate hike, which was supposed to pave the way for four more rate hikes in 2016. In the end, we are into December 2016 and only now is the Fed expected to move on rates for the first time this year. The broad consensus is for a 25 basis point hike. This will be only the second rate hike in ten years.

Next 24 hours: Digesting Event Risk

It was clear that even with a batch of solid first tier data, the market wasn't going to be moving much ahead of the Fed decision. Initially, we got mixed employment data out of the UK, with average earnings on the rise but jobless claims rising as well. Then it was mixed US data with retail sales lower and PPI higher.

Global FX Insights Next 24 hours   LMAX Exchange  

Any opinions, news, research, analyses, prices or other information ("information") contained on this Blog, constitutes marketing communication and it has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Further, the information contained within this Blog does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of, or solicitation for, a transaction in any financial instrument. LMAX Group has not verified the accuracy or basis-in-fact of any claim or statement made by any third parties as comments for every Blog entry.

LMAX Group will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. No representation or warranty is given as to the accuracy or completeness of the above information. While the produced information was obtained from sources deemed to be reliable, LMAX Group does not provide any guarantees about the reliability of such sources. Consequently any person acting on it does so entirely at his or her own risk. It is not a place to slander, use unacceptable language or to promote LMAX Group or any other FX and CFD provider and any such postings, excessive or unjust comments and attacks will not be allowed and will be removed from the site immediately.