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Fed meeting and NFP eyed as markets digest election

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It is the mother of all weeks for the dollar and stock markets. In the aftermath of the US election, traders will have to digest a Fed meeting at 19:00 GMT Thursday and the latest US employment report at 13:30 GMT Friday. The election outcome will overshadow everything else, but we may still see some decent moves if the Fed telegraphs an increase in asset purchases come December. As for the jobs data, it is no longer a trend-setter for markets, but rather an intraday volatility event. There is a decent chance that we will still be counting ballots when the Fed meets on ...

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  • Category: Fundamental Analysis