The US markets are generally barcoding, staying about current levels awaiting for the next FED move on Dec 14th. Though analysts are expecting the FED to put on a 50 basis points hike, markets may move upwards as investors see this as the start of easing of interest rate hikes. Not quite so I think as the coming PMI and CPI numbers may not be what analysts are expected to see. The 50bps may just be J Powel's idea of calming the markets whih may not work. Just sharimg my thoughts before the FED comes on.
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