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DAY 20 - What To Expect From FOMC Minutes?

What To Expect From FOMC Minutes? - Views From 10 Banks
Just couple of hours remaining for release of FOMC Meeting Minutes and traders all around the world are eagerly waiting for this news event to better understand future course of action by Fed's as to when they are planning to end QE and raise interest rates.

The following are the expectations for today's FOMC minutes from the July meeting as provided by the economists at Bank of America Merrill Lynch, Barclays Capital, Credit Suisse, and …
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FOMC Prediction from Big Banks

"Only way to make it in this game is to forget about everyone else's opinions & look @ market thru your own eyes"

The following were the expectations for the FOMC December policy decision on Wednesday by the economists at Goldman Sachs, Bank of America Merrill Lynch, Citibank, and other leading banks.
Goldman Sachs: Our central forecast for the first tapering move remains March, with January possible as well. We see a decision to taper this
week as unlikely for three reasons.
Bank of America: O…
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geula4x avatar
geula4x 18 Дек.

+1 Liked: An important topic, likely to move markets in the nearyby future, at least! Happy trading :-)

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NFP forecast by big Banks

Complete Non-Farm Payrolls Report Preview BEFORE NFP
Deutsche Bank 170k
Bank of America 170k
HSBC 171k
Citigroup 180k
UBS 195k
JP Morgan 195k
Barclays 200k
Goldman Sachs 200k
Actual Figures 148K - Wonder how many traders follow their forecast and trade based on these estimates ?
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geula4x 22 Окт.

+1 Liked: Good example of how unpredictable financial news is! ;-) IMHO if you trade the news, better wait for the actual release and initial market reaction, than try to speculate what the outcome will be! Happy trading :-)

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