Michael Kramer
Michael Kramer highlights the near-term levels to watch across major stock indices, FX pairs and commodities as the US Federal Reserve gears up to announce its interest rate decision today at 7pm (UK time). The CME FedWatch tool indicates that 61% of surveyed traders expect the Fed to cut rates by 50 basis points, while 39% are betting on a smaller cut of 25 basis points. The Fed announcement is the first of three major central bank rate decisions this week, with the Bank of England expected to keep rates unchanged on Thursday, before the Bank of Japan’s expected rate hold on Friday.
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This video is for general information only and is not intended to provide trading or investment advice or personal recommendations. Any information relating to past performance of an investment does not necessarily guarantee future performance. CMC shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video. Please remember spread betting and trading CFDs carries significant risks and may not be suitable for all investors.