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A shot in the arm for China boosts the Aussie and commodities

NAB Morning Call

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The Fed's Signaling for a Rate Rise Is One and Done

The FOMC 25 basis points is expected tomorrow morning. Jerome Powell who doesn't always exactly stick to the script will give some hints in his press conference afterwards. It would be a lot easier actually if he did have a davish hat or hawkish hat and he just put it on so we didn't have to go through this interpreting the words well I mean you might look rather silly but you know at least we'd know, earnings for Alfebed and Microsoft since the close alphabet shares well up over 7% in after hours trade because the estimate for Q2 earnings was 60.3 billion it came in more than 62 billion.

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