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We get not only tweets about what the fed is going to do but instant tweets from the president about what they just did. The president tweeting about the decision by the Federal Reserve and j. Powell saying, quote, what the market wanted to hear from j. Powell and Federal Reserve was this was the beginning of an aggressive rate cutting ti cut cycle that would keep pace at usual powell let us down. No inflation we are winning anyway but im certainly not getting much help from the Federal Reserve thats the president of the united states. The Federal Reserve cutting rates for the First Time Since...

Lackluster trading an ugly chart for the biggest in the market and shares have fallen 11 this month alone. Intel and microsoft also a drag today and its hard to get much going for the nasdaq as well given that tech slide weve seen and the continued march higher for yields take a look, the 10year higher again, pressed against its highest level since last october. It takes us to our talk of the tape state of stocks and why some say this correction is not over. New edges Cameron Dawson making the case here now at post nine good to see you again. We should note as were at the lows of the day, the ...

It. Good afternoon. We begin with fox market alert. As we kick off the final hour of trade as investors expressed concerns over inflation, cautious ahead of the fed meeting and markets pricing in 99 chance of a pause. Traders will be listening to fed chair Jerome Powells press conference, with any hint of a rate caught timeline. Dont hold your breath on it. What else is driving the declines . Big tech is another one taking a breather under pressure for rising bond yields. Microsoft, amazon, salesforce, cisco, ibm, all those names are lower at this hour. Microsoft down 2 . Lets look at the Crea...

Seeing the impact across asian fx as well with that weakness in the dollar. The aussie dollar holding steady. We are seeing brent crude trading a little bit higher. When it comes to oil, we are continuing to really monitor what we are seeing with that demandside concern. Saudi arabia jacking up their prices, pushing a little bit of upside momentum there. That was the biggest weekly drop for crude since february so still pretty shaky when it comes to the demand side of that equation. Annabelle that is right and its going to be quite an interesting session as well. We got a number of markets tha...

Guy every single sector bar. None down in europe. A lot of this out of the u. S. Clearly we see the big market to the fed that is being priced into europe. The ftse is down. You certainly have the pause in effect coming through into the u. K. Market. Taylor wimpey is one example of that. We are seeing affects positive effects coming through of a right pause into european, and more specifically u. K. , equities. The question is, what happens if pi goes up next time . Does the bank of england hike . Who knows. Alix in the u. S. , we are data dependent. We get existing jobless claims coming in un...