6 March 2017

Bassanese Bites: Fed rattles sabres – Week beginning: 6 March 2017

The week begins with a regrettable reversion to “Bad Trump”, following his explosive Sunday morning (US time) tweets suggesting former President Obama had him illegally bugged during the Presidential campaign.  So far at least, markets have tended to be forgiving of Trump’s erraticism, but with little new on the fiscal stimulus front last week, it remains to be seem whether the market’s tolerance will last. Otherwise, a key focus this week will be the US payrolls report – a solid outcome in line with market expectations (+200K jobs gain) would likely cement a Fed rate hike this month.

 

Click to read the Full Report

 

< Back to Blog