Special report: FOMC Minutes – All Talk No Action?
One of the underlying US Dollar supportive drivers in 2017 has been a round of ramped up hawkish Fed speak that won’t rule out the possibility for a March hike. But the Fed has consistently let down hawkish expectations when it comes to following through and the market is happy to stick with this bet until proven wrong.
Next 24 hours: Bay Who? Bayrou!
If you thought when we said markets were being dominated by politics, it meant Trump, May, Merkel and Putin, think again. On Wednesday, it was pro-EU French Centrist Francois Bayrou moving markets after announcing his withdrawal from the French presidential race to back Independent Emmanuel Macron. FOMC Minutes ahead.