Excerpt from: Bonds and Interest Rates CFDs and Spread Bets
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| March 22, 2007 | | Spread bets and CFDs should consider where it will go from here | Yesterday the U.S. Federal Reserve announced that it will leave the U.S. interest rate the same, and this is causing some speculation from traders. Today's comments by Federal Reserve officials should shed more light on where the U.S. interest rate is likely to go from here. Spread betting and contracts for differences should carefully consider this from Reuters:
They are looking ahead to Fed chairman Ben Bernanke and
other officials who speak later in the day for more clues on the
rate outlook.
"The overall market sentiment is that the Fed moving towards
a more neutral bias is good for risky assets. They still think
inflation is a predominant concern. While they changed the
language, that sentiment hasn't shifted at all," said Laura
Ambroseno, currency strategist at Morgan Stanley. | | |
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