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Why September may be perfect for a Fed hike: Van-Petersen
Kay Van-Petersen, macro strategist at Saxo Capital Markets in APAC, outlines why September could be a terrific month for the US Federal Reserve to hike interest rates.
His reasons include a reduction of political risk with both the US election and the Italian constitutional vote later this year; greater potential for the Fed to streamline projected economic data; and to help out the Eurozone and Japan to weaken their currencies further.
02:28 minutes
Tags: employment report, eurozone, forex, fx, italy, janet yellen, jpy, kay van-petersen, nfp, non farm payrolls, non farms, rate hike, rates decision, saxo, saxo bank, saxo tv, saxotradergo, tradingfloor.com, united states, us federal reserve
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