Charting Mar 14 & Apr 4, Latest Premium Trades
Yesterdays FOMC minutes could be more aptly described as eliciting an overreaction rather than a game-changer. The reaction stemmed more from the implied shrinking in the number of members demanding more stimulus, rather than the conditions under which the extra stimulus would occur. The conditions was explicitly stated to be in the event that the economy lost momentum or if inflation seemed likely to remain below its mandate-consistent. In todays Premium Intermarket Insights, we compare 2 market reactions to 2 similar events; the Mar 13 FOMC statement, whose slightly upbeat assessment & inflation recognition lifted USD at expense of equities & metals for only 24 hrs; and; yesterdays minutes release to the same Mar 13 meeting. For full charts & trades on hese ideas, please click here: http://ashraflaidi.com/products/sub01/access/?a=623 Non subscribers, please click here: http://ashraflaidi.com/products/sub01/
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