The market remains divided on whether the Fed will cut rates by 50 or 25 basis points.
Friday's labour report was expected to provide clarity, but instead, it delivered mixed signals.
Tune in to discover how the markets reacted, what clues the US yield curve is providing, and which data points to watch leading up to the FOMC meeting on September 18th.
Essential listening for any investor or student in the midst of application season.
- 00:00 Introduction and Overview of US Non-Farm Payrolls Report
- 01:28 Mixed Reaction to Job Creation Numbers
- 03:07 Market Reaction and Speculation of Rate Cuts
- 13:15 Market Divided on Fed's Rate Cut Decision
- 21:46 Uninversion of US Yield Curve and Speculation of Recession
- 24:26 Conclusion
Amplify Trading is a Limited company registered in England and Wales. Registered number 6798566. Registered address: 50 Bank Street, 3rd Floor, Canary Wharf, London, E24 5NS. Information or opinions provided by us should not be used for investment advice and do not constitute an offer to sell or solicitation of an offer to buy any securities or financial instruments or any advice or recommendation with respect to such securities or other financial instruments. When making a decision about your investments, you should seek the advice of a professional financial adviser.
Recommended Content
Editors’ Picks
GBP/USD cycles familiar territory ahead of UK CPI print
GBP/USD churned chart paper in familiar territory for a fourth consecutive trading day on Tuesday. Cable continues to cycle in a dead zone between 1.3100 and 1.3000 as GBP traders await meaningful UK data updates before picking a side to fall on.
EUR/USD remains below 1.0900, further downside seems possible as the ECB decision looms
EUR/USD holds its position after a four-day losing streak, trading around 1.0890 during the Asian session on Wednesday. The Euro may face downward pressure as the European Central Bank is widely anticipated to implement a 25 basis point cut during Thursday’s policy meeting.
Gold buyers yearn for a daily close above $2,670
Gold price is building on the previous recovery early Wednesday, challenging the static resistance level at $2,670. Gold buyers stay optimistic amid a bullish technical setup on the daily time frame and broad risk aversion.
UK CPI set to grow below 2% target in September, core inflation to remain high
United Kingdom’s Office for National Statistics will release the CPI report on Wednesday. The annual UK headline and core inflation are expected to ease in September. The UK CPI data could seal in a BoE November interest-rate cut, a scenario that would weigh on Pound Sterling.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
Five best Forex brokers in 2024
VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals.