Via Dave Lutz at JonesTrading, here’s what traders are talking about this morning. Good Morning, and Happy Fed Day! Decision (No Change expected) and “dot plot” comes at 2pm – all expectations are for Janet Yellen to lay the groundwork for a September hike in her press conference at 2:30 today. While US Futures are in the green, Euro markets remain tense as we await the ECB’s decision whether to raise the funding level of Emergency Liquidity Assistance for Greek banks and/or increasing haircuts on Greek collateral. The DAX has slipped red as Consumer and Financials retreat – While …read more
Source: Business Insider
