MM119: When 'good' news is 'bad' news for markets & Are OPEC+ fighting a losing battle?
Market Maker
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The Fed's Minutes From Their Last Meeting
On Wednesday night, the Federal Reserve released its minutes from their previous meeting. The main takeaway was that they may well look to raise interest rates again at their next meeting in July. Then on Thursday, US data got announced, and it was like, wow, this is super strong. And all of these data points, I mean, not only beat expectations, but it was like a significant and very surprising beat.
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