The Q4 GDP second print moved it back to the initial 3% so it doesn't seem like it's made a big impact on the market. The 9:45 Chicago PMI may move the market more.
5 years ago
Wednesday, February 29, 2012
LTRO Volatility
As suspected, the LTRO completed and announced early this a.m. has caused an initial knee jerk reaction and then moved in to a lateral zone of volatility.
The Q4 GDP second print moved it back to the initial 3% so it doesn't seem like it's made a big impact on the market. The 9:45 Chicago PMI may move the market more.
The Q4 GDP second print moved it back to the initial 3% so it doesn't seem like it's made a big impact on the market. The 9:45 Chicago PMI may move the market more.
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