With Janet Yellen’s comments on Tuesday, which essentially wiped away the possibility of a rate hike before July, the March employment report may have less impact than normal.
While we expect job the payroll addition to be strong again, the Average Hourly Earnings could be something to keep an eye on. Positive numbers in all categories could move markets in either direction as participants try to gauge the level of impact a stable labor market will have on interest rates.Read More
On Wednesday afternoon at 2:00 PM EST, the Federal Open Market Committee (FOMC) will make their policy announcement as well as release their forecasts. This will be followed by a press conference at 2:30 PM EST.
Expectations are for the Federal Funds Rate to remain unchanged in the range of .25-.50 percent. Inflation data has been strong lately, but with recent statements highlighting Global concerns it is unlikely the range will be increased. Read More
Multiple factors are playing into expectations for disappointing real GDP growth in 2016 according to a report released by CME Group. Read More
In a recent report published by the CME Group, Blu Putnam explores the multiple long-term supply and demand factors impacting the expectations for the crude oil market through 2016 and beyond.Read More
Following the lift of the U.S. crude oil export ban in December of 2015, expectations in the near term are that the impact on oil prices will be relatively small and not a significant factor in regards to production.Read More