{"id":18208,"date":"2023-01-04T13:22:51","date_gmt":"2023-01-04T21:22:51","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=18208"},"modified":"2023-01-04T13:22:51","modified_gmt":"2023-01-04T21:22:51","slug":"fomc-minutes-ahead-of-friday-nfp-trading-levels-for-01-05-2023","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/fomc-minutes-ahead-of-friday-nfp-trading-levels-for-01-05-2023\/","title":{"rendered":"FOMC Minutes ahead of Friday NFP & Trading Levels for 01.05.2023"},"content":{"rendered":"
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Get Real Time updates and more on our private FB group!<\/span><\/div>\n
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https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Bullet Points,\u00a0Highlights and Announcements<\/h3>\n

By Mark O’Brien, Senior Broker<\/p>\n

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\u201cI don\u2019t think anyone knows whether we\u2019re going to have a recession or not, and if we do, whether it\u2019s going to be a deep one or not,\u201d Jerome H. Powell, the Fed chair, said during his FOMC news conference back in mid-December.\u00a0\u201cIt\u2019s not knowable.\u201d<\/p>\n

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And with this in mind, it\u2019s not far-fetched to expect the markets that have been most disrupted in recent years will to continue to ricochet in 2023.<\/p>\n

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Policymakers will continue to try to guess what lies ahead and they\u2019ll continue to make predictions by looking at historical data, which has always been critical to those who make those predictions.\u00a0Flying in the face of that approach is that over the last three years \u2013 roughly the duration of the pandemic \u2013 the past is proving anything but a reliable guide.<\/p>\n

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The economy rebounded from the hit it incurred at the onset of the coronavirus \u2013 faster and stronger than expected.\u00a0Then, shortages of goods collided with strong demand and fueled a burst in inflation, one that has been both more extreme and more stubborn than anticipated.<\/p>\n

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Now, we have a year in which the Federal Reserve raised interest rates at the fastest pace since the 1980\u2019s \u2013 in their efforts to slow growth and bring those rapid price increases back under control.\u00a0The war in Ukraine has and will almost certainly continue to impact energy and grain prices.\u00a0And with China\u2019s Covid policy charting an unclear future for the world\u2019s second largest economy, the future is still extraordinarily uncertain.<\/p>\n

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Will the Fed\u2019s policies spur a recession? Or, will the economy gently cool down, taming high inflation in the process?\u00a0How will commodity prices react?\u00a0Commodities futures traders, Central bankers, economists, the current administration\u2019s officials all will be trying to guess what might lie ahead for the economy in 2023.<\/p>\n

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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.\u00a0 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 when it comes to Futures Trading.<\/p>\n

Futures Trading Levels<\/strong><\/h3>\n

for 01-05-2023<\/p>\n

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#ES_F, #NQ_F, #YM_F, #RTY_F, #XBT_F, #GC_F, #SI-F, #CL-F, #ZB_F, #6E_F, #ZC_F, #ZW_F, #ZS_F, #ZM_F, #NG_F<\/figcaption><\/figure>\n

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Economic Reports, Source:\u00a0<\/strong><\/h3>\n

Forexfactory.com<\/a><\/p>\n

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This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, 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\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"

Get Real Time updates and more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ Bullet Points,\u00a0Highlights and Announcements By Mark O’Brien, Senior Broker   \u201cI don\u2019t think anyone knows whether we\u2019re going to have a recession or not, and if we do, whether it\u2019s going to be a deep one or not,\u201d Jerome H. Powell, the Fed […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,76,230,61],"tags":[],"class_list":["post-18208","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-commodity-trading-2","category-day-trading-2","category-futures-trading-2"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=18208"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18208\/revisions"}],"predecessor-version":[{"id":18211,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18208\/revisions\/18211"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=18208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=18208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=18208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}