Central Banks May Take a Backseat Near Term!
Richard Matthews from one.io and Michael Brown of Trader X sit down with Blake Morrow to discuss the markets ahead of the #FOMC tomorrow, #BankofEngland Thursday and the jobs report on Friday.
Overall, both Michael and Richard believe that central banks have done most of what they are going to do, and their meetings may take a backseat to data. They explain what they are looking for to move the markets and why.
Michael also discusses the Bank of Japan’s move last night and why the YCC flexibility will matter to the markets.
Richard and Michael also discuss the Non-Farm Payrolls economic data release for Friday, the weakness in crude markets and how they would trade it and discuss the continued war in Gaza and how the markets may be looking at this horrific situation.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #SPX #USD #S&P500 #Bonds #Gold #interest_rate_news #MichaelBrown #RichardMatthews #ECB #EUR #EURUSD #FOMC
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