One Week, Four Interest Rates Meetings
ForexChaser submits:
The prior week of trading saw some pretty impressing moves, with the main financial indexes making 180-degree turns. The Nasdaq 100 index gained 4.4%, the Russel 2000 rose 4.2%, the S&P 500 added 3.7%, while the Dollar Index lost 0.9% and the 10-year Treasuries fell 1.0% (Futures quotes)
Most of these moves came on the back of a very busy economic calendar, which included the infamous labor data and the ISM reports. Having this in mind, it will be very interesting to observe how the market will react to the upcoming week, considering that we have four interest rate announcements and the Labor Day Holiday.
