CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the High risk of losing your money.

Fed preview: Rate cut signals at June meeting? – Nordea Markets

2019-06-19 16:50

Anders Svendsen, analyst at Nordea Markets, suggests that they doubt that the US Fed will be ready to cut its policy rates at today’s FOMC meeting but expect a clear signal of cuts ahead and a dot plot that supports the message.

Key Quotes      

“We expect the Fed to keep its key policy rates unchanged at 2.25-2.50% for the corridor and 2.35% for the interest on excess reserves (IOER).”

“We expect clear signals of rate cuts ahead at Chair Powell’s press conference and expect the dot plot to support that message.”

“We changed our Fed forecast and now expect four rate cuts starting in July, though the Fed is not anywhere near that dovish yet.”

This article is published only for general use basic informatory purposes and should not be considered or depended on as a financial or investment advice. Investors should make sure that they understand the risks and seek independent financial advice at all times. CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE.

Economic news

    Exchange Rates

    GBPUSD -0.23% 1.3759
    EURUSD +0.19% 1.16433
    XAUUSD +0.52% 1792.56
    XTIUSD +2.02% 83.855
    NAS100 -0.39% 15335.7
    US30 +0.05% 35599.3