U.S. interest rates futures fell on Monday as Sunday’s French presidential election reinforced the view centrist Emmanuel Macron would beat anti-EU candidate Marine Le Pen in a runoff on May 7, soothing fears about political upheaval in Europe.
Federal funds futures implied traders saw about a 50 percent chance the U.S. central banks would raise interest rates two more times by the end of 2017, compared with 40 percent at Friday’s close, CME Group’s FedWatch program showed.
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Dean Popplewell
He has a deep understanding of market fundamentals and the impact of global events on capital markets.
He is respected among professional traders for his skilled analysis and career history as global head
of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean
has played an instrumental role in driving awareness of the forex market as an emerging asset class
for retail investors, as well as providing expert counsel to a number of internal teams on how to best
serve clients and industry stakeholders.
Latest posts by Dean Popplewell (see all)
- Euro zone bond yields sink as German manufacturing slows - 24 July 2019
- How Boris Johnson Plans to Deliver Brexit in 100 Days - 24 July 2019
- Weak PMI’s Sink EUR - 24 July 2019