Fed decision trade: What JPMorgan traders see the market doing, based on these scenarios

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The central bank is largely expected to raise rates by a quarter-point.

According to the CME Group's FedWatch tool, traders are pricing in a 99% probability of rates going up by 25 basis points to a range of 5.25%-5.50%. That said, comments from Fed Chair Jerome Powell could sway the market one way or another, depending on whether he signals more rate hikes are ahead — or if the central bank is close to ending its tightening campaign.

Right now, the market sees only about a 30% chance of one more rate hike this year, JPMorgan traders said. "What kind of data would induce more hikes? Core CPI MoM printed 0.4% and 0.2% in June and May; if we see core inflation revert higher from prior levels, we may see Fed continue to tighten," they said. The S & P 500 would fall 0.5%-1% under this scenario. 1%-2% chance — hawkish skip: The S & P 500 would rally under this outcome, JPMorgan said.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

JPMorgan’s top strategist stays bearish stocks, but thinks this asset class may catch upJPMorgan chief global equity strategist Marko Kolanovic says commodities stand out as 'under-valued [and] under-owned.'
ソース: CNBC - 🏆 12. / 72 続きを読む »

Overconcentration in U.S. stock market sees fastest rise in 60 years, JPMorgan warnsThe stock market's dependence on a handful of megacap names increases at the fastest pace in 60 years, according to JPMorgan Chase & Co. analysts.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »