Market pricing in 50% probability of rate rise of up to 375–400 basis points at next Fed meeting
The Corner Report by Renta 4 The markets opened without any major movements in Europe (Euro Stoxx futures virtually flat) and slightly up in the United States (S&P futures up 0.1% and Nasdaq flat), following another calm session yesterday on the main stock exchanges, with a better tone in Europe (up 0.24% Euro Stoxx 50) than in the US (down 0.32% for the S&P 500 and down 0.60% for the Nasdaq),…
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