More Hikes on the Way? Trading Levels for 8.29.2018

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Dear Traders,

Fed’s Fork in the Road: Even Higher Rates or Pause? By Blu Putnam, Chief Economist and Erik Norland, Senior Economist, CME Group

Highlights: Markets skeptical of Fed’s signal for seven more rate hikes by 2020 Our base case is for two more increases before Fed goes on hold Rate hikes based on ‘dot plot’ could raise risks of debt defaults, recession Our analysis shows probability of a recession in 2020 is at 33% and rising

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Futures Trading Levels

08-29-2018

Economic Reports, source: 

www.forexfactory.com

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.