Tim Riddell, senior market strategist at Westpac, suggests that the US yield curve inversion has heightened markets’ angst over US recession risks. Key Quotes “Bloomberg and NY Fed (1yr ahead) recession indices, which both incorporate yield curves, show the sharp rise in those risks. Though there were pockets when individual indices rose without a recession, this was rarely the case when both indices rose.” “The 30-31 July FOMC minutes did not show any urgency or deepening concern though there was a notable increase in divergent views and desire to maintain flexibility. The iteration of the mid-cycle nature of their easing, despite increased external concerns, may keep curve inversion in play and therefore the market’s sense of potential recession. Further yield curve concerns may be a feature of the Kansas Fed Symposium.” Trump’s recent comments on unfavourably low/negative rates overseas could lead to further trade tariff tactics being deployed. The combination of such events could continue to favour USD overall even if there might be a rush towards safe haven currencies.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD eases from tops, back below 1.3300 handle FX Street 4 years Tim Riddell, senior market strategist at Westpac, suggests that the US yield curve inversion has heightened markets' angst over US recession risks. Key Quotes "Bloomberg and NY Fed (1yr ahead) recession indices, which both incorporate yield curves, show the sharp rise in those risks. Though there were pockets when individual indices rose without a recession, this was rarely the case when both indices rose." "The 30-31 July FOMC minutes did not show any urgency or deepening concern though there was a notable increase in divergent views and desire to maintain flexibility. The iteration of the mid-cycle nature of their easing,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
