The newest FOMC Announcement was issued on Wednesday, November 2nd. Coming instantly on the heels of the Third-Quarter GDP numbers, the Federal Open Market Committee’s fee determination and the next press convention had been anticipated to have a major affect on the markets.
Jim Iuorio joined NinjaTrader’s Jim Cagnina on an episode of “See the Futures” to share their ideas on the report. Along with analyzing the announcement, in addition they mentioned how merchants would possibly interpret the actions of the Fed. Watch the complete episode beneath:
This FOMC announcement evaluation consists of:
A have a look at how does this fee motion matches in with historic Fed bulletins and potential market reactions.
An examination of how the Fed’s rate of interest actions affect the actual property market.
A dialogue of what may very well be subsequent for rates of interest. What are the chances for 2023?
An evidence of how this pertains to technical and elementary evaluation of the markets.
Charting and evaluation of value motion for benchmark CME futures merchandise forward of the Fed announcement.
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