I read the FOMC Minutes and here what I retain:
1- US$ should go up for short and mid-term (i.e., moderate economic outlook; decrease in risk; and inflation remains low);
2- US equities also up
3- Uncertainty in Europe, particularly in UK (brexit, long process for exit) and Italy (bank system)
4- China is struggling and increasing its debt
5- No single word on Japan!
1- US$ should go up for short and mid-term (i.e., moderate economic outlook; decrease in risk; and inflation remains low);
2- US equities also up
3- Uncertainty in Europe, particularly in UK (brexit, long process for exit) and Italy (bank system)
4- China is struggling and increasing its debt
5- No single word on Japan!