Can we expect a rate cut, instead of hike from the Fed after Brexit?
US Fed’s Fisher says that FED has no plans to move into negative teritory. Wtheck he is talking about? They will cut again or? It seams that Brexit has changes their view on possible rate hike again in 2016 and it’s more possible to see a rate cut now, right!? Well, if the important datas wasn’t good enough for raising the same in June, now I can’t see the possibility for hike in July based on the same, not after Brexit. The financial markets doesn’t look much worried as I already wrote in this week, is this possibility a reason for the optimism in the stock exchanges? This certainly can be one of the most important reasons for a celebration, instead of collapse caused by fear from Brexit. As I think, the BOE could cut soon and the mutual reaction from the Central Banks is possible. At least, the FED could stay on hold until 2017. But what about the ECB and Mr.Draghi? In my opinion, it’s unlikely that we will see a furder rate cut from the ECB. So, based on this, can we expect from euro to return its strenght in the market? Sure we can if this is serious enough and it looks like it is. What’s you view on this traders?