
Bloomberg reports that markets increasingly expect the Federal Reserve to tighten policy after Congress approved large tax cuts and spending increases. Futures pricing implies the Fed's short-term rate will reach 2% by December, a quarter point above expectations from three months earlier.
Inflation and wage growth are cited as signs the economy is heating up.
Higher expected US rates tend to support the dollar, which weighs on dollar-priced commodities and can slow export demand. The fiscal-stimulus driver also raises the chance of faster tightening, which increases pressure on feed margins.
過去の強気なマクロイベント2,356件の後、米ドル指数(広範) は5営業日で中央値 +0.2% 動き(60% が上昇。中央50%は -0.3% から +0.7%)、20営業日では +0.4% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。