What will the Fed statement say about future rate hikes ?
Will there be 0, 1, 2 or more rate hikes in this year ?
Will Fed take weak growth in China into consideration ?
Will recent dollar weakness strengthen the resolve of Fed for a rate hike ?
How does the inflation and employment date look in the eyes of Fed ?
All this questions and their answer will determine the next market move ! So as the world awaits more Central Bank actions the markets will vacillate between hope and despair .
In India the central bank , RBI may go ahead with a rate cut . The quantum of rate cut will define the reaction of the market.
Expect increase volatility in the coming days !
What are your thoughts on trading this news ?