FED changes their rate-hiking outlook, by Blackfort CIO, Dr. Andreas Bickel

 

FED changes their rate-hiking outlook, by Blackfort CIO, Dr. Andreas Bickel

The FED finally has officially changed their rate-hiking outlook. They pause and depending on data, they might not raise at all in 2019. The ECB gets under pressure – a raise of ECB rates looks very unlikely after the latest weaker European economic data. Meanwhile USD corporate bonds rallied as well as US equities. However, the technical picture is only in so far better that we are now above the 50-day average, but the distance to the 200-day average is still large. Most likely we will test this resistance level, but unless we see better economic data or a deal with China the US market will not go right through this resistance. hashtag#equities hashtag#economics

 

 

Source: https://www.linkedin.com/feed/update/urn:li:activity:6496747066612555776

Published: 31.01.2019 by Blackfort CIO Dr. Andreas Bickel

 

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