Futures Power Hour

50 bps Rate Cut Odds are Increasing

| Sep 4, 2024
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    Futures Power Hour

    50 bps Rate Cut Odds are Increasing

    Sep 4, 2024
    Chris Vecchio and Jermal Chandler discuss the quieter session compared to the previous day, emphasizing the anticipation around potential rate cuts by the Federal Reserve. They highlight the increasing odds of a 50 basis point cut following JOLTS data and explore the broader implications for job data and market movements. They touch on technical analysis, focusing on support and resistance levels, and the ongoing volatility in various asset classes like bonds, metals, and crude oil. The episode underscores the crucial role of upcoming labor market figures in shaping short-term market expectations.

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