Frank Holland breaks down what traders are watching ahead of the new session.
Traders and investors are debating if the Federal Reserve will cut 25 basis points or 50 basis points when the decision comes at 2pm eastern time. The Jerome Powell press conference is also in focus with some market watchers saying the tone is possibly more important than the cut itself. Word of day: "Stagflation" Mark Smith of Wells Fargo Advisors said stagflation is the biggest risk to the soft landing as the Federal Reserve is expected to begin a rate cutting cycle.
"25 or 50 , we see a credible case for either. But it's more important for investors to keep in mind the strategic path for policy here," Garewal said. "The Fed is likely to adjust policy by 200 to 250 basis points over the coming year. Bringing that back to the investment implications ... we think front end bond yields stand to benefit the 2 to 5 year US Treasurys.
Markets Breaking News: Markets Russell 2000 Index Blackstone Inc Mastercard Inc Visa Inc Huntington Bancshares Ameris Bancorp Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Investors say be patient before buying dip, look for opportunities in stocks like BroadcomFrank Holland breaks down what traders are watching ahead of Thursday's session.
Read more »
Traders ahead of Friday's session: What the Fed should do and looking for tech bargainsFrank Holland breaks down what traders are watching and buying heading into Friday's session.
Read more »
Investors buying Big Tech stocks and Treasuries ahead of a potential Fed rate cutFrank Holland breaks down what investors are watching as the trader week begins.
Read more »
Gold price soars past $2,500 as traders increase bets on Fed rate cutsGold prices rallied sharply during the North American session, above the $2,500 figure on Thursday, yet remain shy of their daily peak of $2,523 as traders booked profits ahead of first-tier United States (US) data.
Read more »
Traders see Fed delivering 25 bps cut in Sept, 100 bps by year-endTraders see Fed delivering 25 bps cut in Sept, 100 bps by year-end
Read more »
Asian stocks decline as traders await more cues about Fed's rate-cut pathAsian equity markets edge lower on Wednesday, tracking the overnight pullback on Wall Street that snapped an eight-day winning streak.
Read more »