I posted this on Friday however ICYMI, Federal Reserve Chair Powell recorded an interview on Thursday with US TV present 60 minutes. He was questioned on inflation dangers and the economic system, the timeline for slicing charges, and extra.
The interview will air at 7pm US Jap time, which is midnight (0000) GMT.
Asia FX can be buying and selling when the interview airs, it will be
11am in Sydney, 9 am in Tokyo, and eight am in Singapore, Hong Kong and Shanghai.
Globex can be open for the Sunday night session.
I doubt there can be something a lot to shock us, Powell spoke on Wednesday and was clear on no March price lower. Nonetheless, there might properly be one thing in what he says to maneuver markets round and preserve at the least the scalpers completely satisfied.
Like I mentioned, the interview was recorded Thursday, previous to the bombshell jobs report, however, did Powell know the quantity?
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