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Markets Recently Gave Much More Weight to Softer Data

Markets Recently Gave Much More Weight to Softer Data
Markets Yesterday, the post-Powell bond rally simply continued as markets read US data as supporting the case for the Fed to slow its anti-inflationary campaign in December and maybe also at Q1 2023 meetings. US data were mixed, but in line with the recent reaction function, soft data outweighed. Challenger job cuts jumped sharply, mainly […] The post Markets Recently Gave Much More Weight to Softer Data appeared first on Action Forex... Read More
Posted: Dec 2 2022, 08:04
Author Name: actionforex
Views: 111592

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