đŽ HIGH IMPACT â Tuesday September 22 & Wednesday September 23
10+ Fed Speakers throughout the week đ„
đ Various times â watch every session
Wall Street will be watching for hints about what officials think the path for rates is â specifically whether December gets a second hike. After Warsh hiked 25bps last Wednesday and confirmed a hawkish stance â any dissent or dovish language from committee members moves markets. December hike probability currently at 70%+ â one dovish Fed speaker could drop that significantly. đïž
Flash PMI â Manufacturing & Services (September)
đ 9:45 AM ET Wednesday · Prev: Manufacturing 49.5 · Services 53.7
Preliminary S&P Global Manufacturing and Services PMIs for September â first real-time read on how the economy is performing post-hike. Manufacturing has been in contraction for months. A further drop confirms the rate hike is already slowing the economy. đ
#PMI #dyor
10+ Fed Speakers throughout the week đ„
đ Various times â watch every session
Wall Street will be watching for hints about what officials think the path for rates is â specifically whether December gets a second hike. After Warsh hiked 25bps last Wednesday and confirmed a hawkish stance â any dissent or dovish language from committee members moves markets. December hike probability currently at 70%+ â one dovish Fed speaker could drop that significantly. đïž
Flash PMI â Manufacturing & Services (September)
đ 9:45 AM ET Wednesday · Prev: Manufacturing 49.5 · Services 53.7
Preliminary S&P Global Manufacturing and Services PMIs for September â first real-time read on how the economy is performing post-hike. Manufacturing has been in contraction for months. A further drop confirms the rate hike is already slowing the economy. đ
#PMI #dyor