ES1 - S&P Futures
Yesterday we saw the first of the two major economic events, with inflation coming in lower than expected, which gave optimism for a slowdown in interest rate hikes.
Stock markets and Bitcoin had a bullish reaction upon the release of the news, with the ES1 sweeping the 4173 high.
Today we have the FOMC taking place in which the FED will decide on interest rates. The consensus is we see a .50BPS hike, which could be neutral for markets but with the dollar at support and the ES hitting resistance, are we now about to see a reversal for the dollar and ES1
