Euro, EUR/USD, US Dollar, Fed, FOMC, Daly, Treasuries, Energy - Talking PointsEuro support wilted after US Dollar resumed strengtheningThe Fed reminded markets of their intention and yields respondedIf the northern winter is a...
ISM SERVICES KEY POINTS:ISM Services PMI at 56.7 in September versus 56.00 expectedResilient services sector activity data backs case for Fed to remain on a hawkish pathU.S. dollar extends gains on better-than-forecast results
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With the Fed’s hawkish hammer pounding the financial markets, the selling pressure coincided with events unseen since 2008. Moreover, with the work in progress to reduce inflation poised to push asset prices even...