Rate Cut Odds Slip Due To Lack Of Data
The odds of a Fed Funds rate cut at the December FOMC meeting are down to 33%.
Sensex Today Trades Marginally Lower; Nifty Below 26,200
Indian share markets are trading marginally lower today, with the Sensex trading 69 points lower, and the Nifty is trading 32 points lower.
Fed Talk And Soft Data Sour Year End Hopes
Markets started Thursday on a positive note thanks to Nvidia’s strong earnings, with a generally constructive tone in FX and rates, but sentiment quickly soured after Fed officials highlighted renewed inflation concerns.
Intraday Analysis - Friday, Nov. 21
WTI continues to move sideways after a lengthy consolidation, as prices look to test the bottom of the channel again.
FX Daily: EUR/USD Hanging In There
EUR/USD seems to have survived what could have been a tricky week.