Modern Trader magazine's Editor in Chief Dan Collins talks about how the Fed funds futures show little chance of any upcoming tightening even as far out as January 2017. Fed officials continue to hint towards a tightening, which brings confusion to the market.
The Alpha Pages recently surveyed readers across all of its product lines and found some interesting results. It revealed that readers of Modern Trader magazine, futuresmag.com and FINalternatives.com are highly educated active traders who follow the markets and business and trade all asset classes. All audiences have a high percentage of male readers with a high percentage above 40.
Weaker-than-expected U.S. jobs figures knocked the dollar off a three-week high on Thursday and gave a lift to Wall Street stock futures as the chances of a U.S. rate hike as soon as September took a hit.