đš THE FED JUST GOT MORE INTERESTING đđ
October rate-hike expectations are suddenly heating up.
The latest U.S. Flash PMI data came in stronger than expected, pushing market expectations toward a more hawkish Fed.
Hereâs what the CME pricing is showing:
đč October: 69.7% chance of a hike
đč 30.3% chance of no change
đč December: 54.8% chance of a total 50 bps increase by year-end
Just last week, the October hike odds were below 50%.
Thatâs a pretty big shift in a short time. đ
If the Fed stays aggressive, crypto and other risk assets could remain volatile heading into the October 28 FOMC meeting.
Now the big question:
đ Could this pressure BTC and crypto further?
đ Or is the market already pricing it in?
Iâm watching the Fed closely. đ
What are you watching â LONG or SHORT?
#FOMCâŹâ© #Crypto #Bitcoin #BinanceSquare #Stocks
October rate-hike expectations are suddenly heating up.
The latest U.S. Flash PMI data came in stronger than expected, pushing market expectations toward a more hawkish Fed.
Hereâs what the CME pricing is showing:
đč October: 69.7% chance of a hike
đč 30.3% chance of no change
đč December: 54.8% chance of a total 50 bps increase by year-end
Just last week, the October hike odds were below 50%.
Thatâs a pretty big shift in a short time. đ
If the Fed stays aggressive, crypto and other risk assets could remain volatile heading into the October 28 FOMC meeting.
Now the big question:
đ Could this pressure BTC and crypto further?
đ Or is the market already pricing it in?
Iâm watching the Fed closely. đ
What are you watching â LONG or SHORT?
#FOMCâŹâ© #Crypto #Bitcoin #BinanceSquare #Stocks
