Capitol Commodity Hedging Services

United States, IN, Indianapolis

Capitol Commodity Hedging Services Indianapolis, IN
Jun 20, 2019

Today's Economic & #Commodity #Futures Perspectives

U.S. interest rate dip is likely to be temporary
Markets are still way ahead of FOMC on easing expectations
Boris will win in the final-pair today while BOE leaves rates unchanged

U.S. interest rate dip is likely to be temporary -- The interest rate markets have worked themselves into a lather in expecting a total of about 100 bp of rate cuts over the next 1-1/2 years. Such a sharp overall rate cut is only likely to occur, however, if the U.S. is headed for a recession due to a much deeper trade war, a sudden collapse in the Chinese economy, an all-out US/Iran war, or some other calamity.

By contrast, if Presidents Trump and Xi at their meeting next week can get the trade talks back on track and if President Trump...To continue, Visit

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