Marc Chandler, Managing Partner at Bannockburn Global ForEx, joins us to provide a takeaway on the talk of tapering from Jerome Powell. Marc points out Powell’s distinction on plans for tapering in contrast to the coming tightening, and how it may affect interest rates and bonds in a different way than conventional market wisdom expects. We then dive into the three key market reports to be aware of heading into next week – the European CPI, the Chinese PMI, and the US Jobs report.
Click here to visit Marc’s blog to keep up to date with the data and markets he is following.