MM120: J.P. Morgan, Citi, Wells Fargo & BlackRock earnings explained!
Market Maker
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The UK Inflation Problem Hasn't Go Away
The probability of the hike on the 26th of July, next FMC meeting is still 95%. So pretty much hasn't altered at all. In terms of percentages, just having a look in video is up 12% of the week. And so that's leading to the pound appreciating and the dollar sort of devaluing. Now, I would say now till December is a lifetime, of course. But yeah, quite an amazing move, I have to say.
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