Next week's FOMC will be disappointed if it's anything other than 50 bps interest rate cuts - market stakeholders' views
Ahead of the US Federal Open Market Committee (FOMC) policy interest rate announcement next week, among tradersProspects for drastic interest rate cutswas revived, and that probability was factored in as 40%. The comments of market participants are as follows.
◎ Charlie McErigott of Nomura Securities International:
Here's the problem. The possibility of a 50 basis point (bp, 1 bp = 0.01%) interest rate cut has been revived quite a bit in the market, and the momentum is dissipating the 25bp interest rate cut theory. If it's not 50 bps, the market will be disappointed
◎ Mr. Fawad Razakzada from the City Index:
Judging from market movements, it is certain that investors are expecting dovish interest rate decisions. It may be in the form of a surprise 50 bps interest rate cut. Alternatively, there was an acceptance that the probability of a 50 bps interest rate cut went to zero after 25 bps interest rate cuts and an inflation index that exceeded expectations, which might strongly suggest a 50 bps interest rate cut at least one meeting remaining within the year. In fact, the factoring in drastic interest rate cuts almost disappeared for a while, but then it went back to square one. It has been suggested that the possibility of whether next week's interest rate cut will be 25 bps or 50 bps is half
... the market continues to be quite difficult to see. If interest rates are cut by 50 bps, it's not completely factored in, so the 140 yen split between yen and dollar will also come into view. On the other hand, I wonder if stocks are mainly bought from small to medium sized stocks (I don't know what is good about small to medium, so it's a difficult point). Even at 25 bps, it won't be risk-off, so maybe it's better to have this one for the chance to buy in a flash. It takes courage to go buy over 5,600 S&P's in the current situation where volatility is expected to continue at a high level.
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証券会社に勤めていました。
けど、トレーダーでも個人営業でもないので、株を短期で売買するのはまだまだ初心者です。
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