DIA Oct 2024 421.000 call
| Previous close | 3.6000 |
| Open | 4.0000 |
| Bid | 4.4000 |
| Ask | 4.6000 |
| Strike | 421.00 |
| Expiry date | 2024-10-04 |
| Day's range | 4.0000 - 6.7000 |
| Contract range | N/A |
| Volume | |
| Open interest | 227 |
- Investing.com
Traders now betting on smaller Fed rate cut in September
Investing.com -- The likelihood of a Federal Reserve interest rate cut at the September 2024 meeting is all but guaranteed. However, the question now centers around whether the Fed will cut 25 basis points (bps) or follow through with a jumbo 50 bps cut. Traders have adjusted probabilities over the last week based on new economic data points.
- Investing.com
Probability of 50 bps rate cut more than doubled after payroll data
The probability of a 50 basis point rate cut by the U.S. Federal Reserve has more than doubled among traders following Friday's weak payroll data. Nonfarm payrolls for July were 114,000, well below the consensus of 177,000 and the lowest since January 2021. In addition, the unemployment rate jumped to 4.3%, up from 4.1%.
- Investing.com
Fed's Dudley now calling for Fed rate cut next week amid recession concerns
Investing.com -- Former New York Federal Reserve President Bill Dudley on Wednesday called for the Fed to cut rates as soon as next week amid recession concerns, reversing his long-held view for the U.S. central bank to persist with its higher for longer rate regime.
