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Will September Fed Meeting Live up to Expectations?

With the September FOMC meeting upon us, we have seen a range of opinions on whether the Fed will taper and by how much.

Michael Hewson gives his view that the market may be disappointed and discusses the likely effect on US treasury prices.

  • US 10 year bonds may rebound if the markets are disappointed by lack of Fed tapering
  • GBP/USD is trading in an uptrend ahead of latest BoE minutes
  • EUR/GBP has broken down and may target £0.8280
  • Lloyds Bank – needs a significant move above 79-80p despite UK government selling part of its stake

 

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Video content by Michael Hewson of CMC Markets

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