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Espresso morning call

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Wall Street at another key inflexion point ahead of the FOMC
Wall Street at another key inflexion point ahead of the FOMC

The FOMC meetings have marked key turning points for Wall Street in 2022 and another is set for today. We consider potential targets for market reaction.

Markets turning on a reset of Fed rate hike expectations
Markets turning on a reset of Fed rate hike expectations

With the Federal Reserve seemingly not as hawkish as some had been anticipating, there has been a shift in the outlook on major markets. This is impacting forex, indices, and commodities.

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