Schedule this week argues for USD strength
For bank trade ideas, .
Trump is expected to reveal his fiscal plans, the market expects core PCE to rise further to just 0.2pp below the Fed’s 2% target, and Yellen’s speech will be her last before the blackout period ahead of the 15 March FOMC meeting. Pricing for a 25bp March rate hike stands at around 35% and in total there are only two hikes priced for 2017.
