Live Daily Alert and Q&A Webinar: Wednesday 19th December 2018

Mark NugentDaily Alert, Dec 2018, Q&A Webinar

[MM_Access_Decision access=’false’]

Live Daily Alert and Q&A Webinar: Wednesday 19th December 2018

The Fed raised interest rates as expected. The key will be in the press conference and the associated documentation. A quick analysis of the dot plot shows the Fed have lowered their own expectations of future hikes (2 instead of 3 in 2019, and 1 more in 2020 instead of another 2). This is as far as any central banker is ever going to change in a short period (the last plot coming from September). But they have time to make further downwards revisions in the first half of 2019. The Fedwatch tool, which reflects the market’s view, says no more hikes at all in 2019.

It may take a few hours for the market to decide if the rate hike is a “dovish hike”. A lower rate environment will be good for equities and GOLD, and will lower the USD. Equities did rise and the USD fell into the announcement, and both then reversed upon the announcement, but this is “buying the rumour and selling the fact” and not to be confused with how things will play out over the next days, weeks and months.

To see the video, members can login HERE.

If you would like a free trial to the VIP Club you can find out more HERE.

[/MM_Access_Decision] [MM_Access_Decision access=’true’]

Live Daily Alert and Q&A Webinar: Wednesday 19th December 2018

The Fed raised interest rates as expected. The key will be in the press conference and the associated documentation. A quick analysis of the dot plot shows the Fed have lowered their own expectations of future hikes (2 instaed of 3 in 2019, and 1 more in 2020 instead of another 2). This is as far as any central banker is ever going to change in a short period (the last plot coming from September). But they have time to make further downwards revisions in the first half of 2019. The Fedwatch tool, which reflects the market’s view, says no more hikes at all in 2019.

It may take a few hours for the market to decide if the rate hike is a “dovish hike”. A lower rate environment will be good for equities and GOLD, and will lower the USD. Equities did rise and the USD fell into the announcement, and both then reversed upon the announcement, but this is “buying the rumour and selling the fact” and not to be confused with how things will play out over the next days, weeks and months.

Here is your video:

You can download the video HERE.

The updated Trading Plan is HERE.

There is an archive of all VIP Club member’s content on the VIP Club page.

[/MM_Access_Decision]