Markets: Brace for volatility ahead – ANZ

The BoE, FOMC, Fed chair announcement, tax reform details, perhaps more Mueller-inquiry related headlines, together with some key US data (ISM, payrolls) are all on the calendar for the next few days which are likely to result in surge in volatility, according to analysts at ANZ.

Key Quotes

“It is hardly surprising then that markets were relatively quiet overnight (outside of perhaps some month-end positioning) as they draw a collective breath and prepare for what could be a volatile few days.”