Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Chief Macro Strategist
Summary: The broad US equity market stumbled rather badly relative to intraday highs yesterday, although the Nasdaq 100 hung on for a slight gain yesterday, and global markets were rather mixed to indifferent on the day. Markets should remain nervous through the FOMC meeting tomorrow evening, where the Fed is expected to continue providing maximum accommodation.
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Economic Calendar Highlights for today (times GMT)
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