The US Dollar remained near multi-month lows on Monday as investors digested the Treasury’s plans to increase buybacks of long-dated bonds, while markets awaited further details on Iran sanctions and key policy speeches in the US and Japan this week.
The Federal Reserve will likely cut US interest rates in December but leave them on hold this month following today’s hot US jobs report, predicts the CEO of global financial advisory giant deVere Group.
deVere Group, the global financial advisory giant, declares the Federal Reserve’s latest move a watershed for markets, setting off what CEO Nigel Green calls “the opening stage of a potential worldwide bull run.”
