Trading Week Starts with Strong Sell off – FOMC this Week
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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Fed Likely to Sidestep Trade War to Raise Rates on March 21
- 12 Mar 2018
- By Bluford Putnam
- Topics: Economic Events, Interest Rates
The trade war that could stem from U.S. tariffs on steel and aluminum is unlikely to affect GDP, freeing the Fed to raise rates at its March 21 meeting.
Watch Video: http://www.cmegroup.com/education/featured-reports/fed-likely-to-sidestep-trade-war-to-raise-rates-on-march-21.html
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Futures Trading Levels
|Contract June 2018||SP500||Nasdaq100||Dow Jones||Mini Russell||BitCoin Index|
|Contract||Apr. Gold||May Silver||May Crude Oil||June Bonds||Mar. Euro|
|Resistance 3||1334.1||16.52||63.63||145 21/32||1.2570|
|Resistance 2||1326.8||16.43||63.04||145 6/32||1.2508|
|Resistance 1||1321.9||16.37||62.64||144 24/32||1.2467|
|Support 1||1309.7||16.23||61.65||143 27/32||1.2365|
|Support 2||1302.4||16.14||61.06||143 12/32||1.2303|
|Support 3||1297.5||16.08||60.66||142 30/32||1.2262|
|Contract||May Corn||May Wheat||May Beans||May SoyMeal||Apr. Nat Gas|
Economic Reports, source:
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