As expected the market didn't disappointed us in terms of the volatility it has generated so far through the last month of the year, but the only disappointment was in the fact that the ECB has failed us all in meeting market expectation and delivering on his promises. There're going to be a lot of event risks through the end of the year but above all the most anticipated without a doubt is the Fed rate decision which as per market expectation and the Fed fund futures there is a 80% probability of a rate hike, at least that's what they are showing as of today prices.

I'll not expect the Fed to disappoint the market there has been too much of a build up ahead of this meeting for them to take this big risk of not delivering. There are many things that can be said about this historical move as this will be the first step in moving away from ZIRP policy (Zero Interest Rates Policy) that has shaped the market since the 2008 financial crisis.

Last but not least I just want to share with you the song of the week, just for the motivational propose: Enjoy your weekend!


Best Regards,
Daytrader21
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