Investors should watch for a few important technical price chart price levels for stocks and bonds, as the Federal Reserve’s interest rates decision due at 2 pm Eastern on Wednesday and Fed chair Jerome Powell’s press conference starting at 2:30 pm, could potentially trigger some volatility in financial markets.
On the other hand, “if policy makers deliver a dovish message and signal the hiking cycle is indeed ‘over’ then a relief rally could see stocks rise rapidly back towards the October highs,” according to Essaye. For Treasurys, if the Fed is hawkish, the 10-year Treasury note BX:TMUBMUSD10Y yield would have the potential to test 5% again. If the note closes Wednesday with a yield above 5%, investors should then eye it in the 5.15% to 5.20% area in the next few weeks.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Fed decision, Mondelez reports, Airbnb earnings: 3 things to watchFed decision, Mondelez reports, Airbnb earnings: 3 things to watch
Weiterlesen »
Dow futures weaken ahead of Fed decision; corporate earnings continue to flowDow futures weaken ahead of Fed decision; corporate earnings continue to flow
Weiterlesen »