The Fed funds futures market is now pricing in a 30% chance of a US rate hike
News brief
The market is stretching the duration of this war The market is sensing that energy prices will stay higher for longer as the US and Israel struggle to define a plan for peace and reopening the Strait of Hormuz.Trump today in a Truth Social post said it would be easy to re-open the strait and that the US…
Why traders care
For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment.
What to watch next
- Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
The market is stretching the duration of this war The market is sensing that energy prices will stay higher for longer as the US and Israel struggle to define a plan for peace and reopening the Strait of Hormuz.Trump today in a Truth Social post said it would be easy to re-open the strait and that the US… The market is sensing that energy prices will stay higher for longer as the US and Israel struggle to define a plan for peace and reopening the Strait of Hormuz. The market is sensing that energy prices will stay higher for longer as the US and Israel struggle to define a plan for peace and reopening the Strait of Hormuz. Trump today in a Truth Social post said it would be easy to re-open the strait and that the US was prepared to do it alone. The market doesn't believe it as Brent crude oil is now up $4 to… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
