After the release of the US Non-farm Payrolls (NFP), the probability of a rate cut in May increased from 22% yesterday to 43%. Follow tonight's speech by Powell regarding the economic outlook. The CME futures gap has not yet been filled, with the corresponding Spot price in the range of 84800-85200.
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After the release of the US Non-farm Payrolls (NFP), the probability of a rate cut in May increased from 22% yesterday to 43%. Follow tonight's speech by Powell regarding the economic outlook. The CME futures gap has not yet been filled, with the corresponding Spot price in the range of 84800-85200.