Excerpt from: US Markets
|
 |
| November 04, 2009 | | Spread bets and CFDs on U.S. interest rates | Spread betting and contracts for differences on U.S. rates should consider that the Federal Reserve is expected to keep things steady as it announces its decision later today.
There was some speculation that the evidence that the economy is improving might prompt the Fed to increase interest rates. However, the economy isn't improving that much, and the labour market in the U.S. is still quite weak.
Additionally, today the non-manufacturing data came in lower than expected, and that has some speculating that the Fed won't be quite ready to start raising interest rates yet. Indeed, many believe that it will be at least next year before the Fed begins raising interest rates.
| Topic Tags: CFDs, contracts for differences, economy, Fed rate, spread bets, spread bets interest rates, spread betting, U.S. interest rates | |
|
|
