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LearningMORNING MINUTE JUNE 7th

END OF DAY REPORT JUNE 6thReuters Poll: 78 of 86 economists see Fed holding rates at 5.00-5.25% in June, whilst 8 see a 25bps hike 32 of 86 economists says Fed to hike rates at least once more in 2023: 8 in June and 24 in July.

Darren Krett

Wednesday 7 June 2023

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Reuters Poll: 78 of 86 economists see Fed holding rates at 5.00-5.25% in June, whilst 8 see a 25bps hike 32 of 86 economists says Fed to hike rates at least once more in 2023: 8 in June and 24 in July. facebookReuters Poll: 78 of 86 economists see Fed holding rates at 5.00-5.25% in June, whilst 8 see a 25bps hike 32 of 86 economists says Fed to hike rates at least once more in 2023: 8 in June and 24 in July. twitterReuters Poll: 78 of 86 economists see Fed holding rates at 5.00-5.25% in June, whilst 8 see a 25bps hike 32 of 86 economists says Fed to hike rates at least once more in 2023: 8 in June and 24 in July. linkedin

MORNING MINUTE JUNE 7th

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morning report

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Good morning everyone. Darren, at Leviathan Financial, markets are lacking any kind of direction at the moment. The S&P futures are gonna come in unchanged. European stocks slightly softer, but for no real reason, , you’ll see volatility is coming softer, , due to their lack of direction Will drift, but probably not come in too much as focus will be on what the Fed will do next week.
, that’s basically gonna be, , what is gonna be on everyone’s mind, not just what they actually will do at the meeting, but what they will look to be doing going forward. Uh, ECB have said themselves, although they’re gonna look to high rates further, uh, the picture beyond rely is unclear. So, uh, as far as numbers today, we’ve got the yes trade deficit, and then later on consumer credit, uh, at the moment, uh, fairly low impact numbers.
So, uh, after a busy first half of the year, it summer is here. So sit back and relax. Good luck training and have a good day.

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