Market Comment | Markets wait for FOMC meeting
Published on Monday, June 17, 2019
Market Comment | Markets wait for FOMC meeting
Summary
Markets are broadly steady. Market-implied probability of a Fed interest rate cut in July 2019 remains above 80%.
Key points
- Key points:
- Market’s expect the Fed to eas interest rate in July.
- ECB officials showed the dovish tone.
- The US manufacturing data drop sharply in June.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Tags
- Tags
- financial markets
Authors
Cristina Varela
BBVA Research - Principal Economist
Documents and files
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