After a start to the week dominated by Brexit and the US-China trade talks today has seen the focus shift. Today it was Fed Chair Jay Powell that sent markets moving as he warned about an overestimation of asset prices and warned of a correction. With the Fed expected to raise interest rates in the next few weeks will the comments see a change in opinion or worry the historically nervous central bank about further stock price downside.
The information provided here has been produced by third parties and does not reflect the opinion of AxiTrader. AxiTrader has reproduced the information without alteration or verification and does not represent that this material is accurate, current, or complete and it should not be relied upon as such. The Information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. Readers should seek their own advice. Reproduction or redistribution of this information is not permitted.