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Equities still volatile, whilst forex waits for Non-farm Payrolls
It is interesting to see how different markets are responding to the elevated levels of volatility, uncertainty and fear. Equities have been seen to bear the brunt of selling pressure in recent days, with S&P 500 options volatility (the VIX) spiking way above 20 yesterday and wild swings on equity markets. However, according to the Wall Street Journal, these market moves may not be going unnoticed at the Federal Reserve, which could be set to hike rates once more in December, but then be open to considering its options. The inversion of part of the yield curve is seemingly having an impact, but the fact that Wall Street bounced sharply ... (full story)
- Posted: Dec 7, 2018 6:20am
- Submitted by:Category: Technical AnalysisComments: 1 / Views: 1,625