Wednesday, October 28, 2015

Hawkish Fed Statement Sends Dec Rate Hike Odds Surging; Stocks, Commodities Sold

http://www.zerohedge.com/news/2015-10-28/hawkish-fed-statement-sparks-selling-frenzy-stocks-commodities-rate-hike-odds-surge

 All major US equity indices have tumbled on the Fed statement, moving into the red for the week. Dec rate-hike odds have risen from 34% to 47% and The USDollar is surging (led by a plunging EUR) and commodities are broadly weaker. The bond complex is mixed with 2Y yields notably higher and 30Y yields unchanged...

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