The post-FOMC desolation continues …
- US equity index futures are down in Globex trade, ES circa -0.9% and NQ circa -1.1% for example
- Regional equities here down Hang Seng, Nikkei, China indexes …. all slumping
- AUD, NZD, GBP, CAD all down against the strong USD
- Gold down
While the FOMC hike was expected, as was the ramping of the dots … the response has been … as above.
recap ICYMI:
Forexlive Americas FX news wrap: Fed hikes by 75 bps and delivers a hawkish dot plot