Market Roundup: Fed unlikely to hike rates ahead of US election, Live charting – Tip TV
Aug 08, 2016, 10:32 AM
In today’s Tip TV Daily Market Roundup, we look at the key trending stories in the financial markets, the policy divergence, outlook for major markets, and live chart a few UK stocks, with Zak Mir, Technical Analyst at Zak’s Traders Cafe, and Nick Batsford, CEO at Tip TV.
Highlights:
“Don’t think strong data means fed would hike rates in September.. Fed has reason to delay rate hike due to US elections”
“Monetary policy divergence between Fed and BOE to weaken GBP and help the FTSE 100 to rally further”
“US stocks own both sides of the coin – rally on weak as well strong data”