IFTTT: Noticeable growing risks of the start of the Fed's interest rate hike The Christmas rally come to its end and investors are now fully focused on the Fed's monetary policy action, which will undoubtedly remain in the spotlight and have a visible impact on the dynamics of the financial markets. A clear signal to investors was yesterday's publication of the minutes of the Fed's December monetary policy meeting, which led to the collapse of the US stock market, contributing to the growth of Treasury yields and supporting the rate of the US dollar. Optimism was shed on the markets after the publication of ADP data on the number of new jobs in December, which showed significantly higher job growth of 807,000 against the forecast of 400,000. This manifested in the increase in US stock indices and the weakening of the US dollar, but the release of the minutes of the meeting led to a sharp drop in indices, and an increase in Treasury yields, as well as in the US dollar. Why did the markets be…. https://ift.tt/3pUtRNY

via IFTTT