What's priced in for the Federal Reserve and ECB after the Iran ceasefire
News brief
The market now sees a good chance of a rate cut The focus is hopefully going to shift back to the real economy now and that will include tomorrow's PCE report and Friday's CPI. During the time when the war dominated headlines, the news on the US economy was mostly good, highlighting that the economy was improving in…
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 now sees a good chance of a rate cut The focus is hopefully going to shift back to the real economy now and that will include tomorrow's PCE report and Friday's CPI. During the time when the war dominated headlines, the news on the US economy was mostly good, highlighting that the economy was improving in… The focus is hopefully going to shift back to the real economy now and that will include tomorrow's PCE report and Friday's CPI. During the time when the war dominated headlines, the news on the US... The focus is hopefully going to shift back to the real economy now and that will include tomorrow's PCE report and Friday's CPI. During the time when the war dominated headlines, the news on the US economy was mostly good, highlighting that the economy was improving in February before bombs started falling. The big news today is the $19 decline in WTI crude oil prices, or 17.5%. That's a big… 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.
