NY Open: Watching paint dry
Traders are on tenterhooks ahead of the release of the latest FOMC meeting minutes later today. They shouldn't bother. Fed board members have repeatedly flown the dovish flag in recent days, so why expect surprises?
Head of Editorial Content, Saxo Bank
Summary: Federal Reserve chair Jerome Powell's remark that rates are just shy of the neutral range have prompted many market participants to forecast a more cautious tone from the US central bank.