Fed Minutes Arrive At Critical Juncture: Will The Call For 2 Hikes Shake Markets?
Portfolio Pulse from Piero Cingari
The Federal Reserve minutes from the June 14 meeting are expected to confirm the board's strong majority for two additional rate hikes in 2023 and the intention to maintain higher interest rates for an extended period. However, market participants remain skeptical that the Fed can enact two more rate hikes in 2023. The CBOE Volatility Index (VIX) rose by 3% ahead of the release of the minutes. ETFs that track the VIX index include VXX, VIXY, TVIX, UVXY, VXZ, XIV, and SVXY.

July 05, 2023 | 4:04 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The release of the Federal Reserve minutes could cause volatility, potentially impacting the price of SVXY.
The SVXY tracks the VIX index, which measures market volatility. Any significant changes in market expectations regarding the Federal Reserve's actions could cause volatility, potentially impacting the price of SVXY.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The release of the Federal Reserve minutes could cause volatility, potentially impacting the price of TVIX.
The TVIX tracks the VIX index, which measures market volatility. Any significant changes in market expectations regarding the Federal Reserve's actions could cause volatility, potentially impacting the price of TVIX.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The release of the Federal Reserve minutes could cause volatility, potentially impacting the price of UVXY.
The UVXY tracks the VIX index, which measures market volatility. Any significant changes in market expectations regarding the Federal Reserve's actions could cause volatility, potentially impacting the price of UVXY.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The release of the Federal Reserve minutes could cause volatility, potentially impacting the price of VIXY.
The VIXY tracks the VIX index, which measures market volatility. Any significant changes in market expectations regarding the Federal Reserve's actions could cause volatility, potentially impacting the price of VIXY.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The release of the Federal Reserve minutes could cause volatility, potentially impacting the price of VXX.
The VXX tracks the VIX index, which measures market volatility. Any significant changes in market expectations regarding the Federal Reserve's actions could cause volatility, potentially impacting the price of VXX.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The release of the Federal Reserve minutes could cause volatility, potentially impacting the price of VXZ.
The VXZ tracks the VIX index, which measures market volatility. Any significant changes in market expectations regarding the Federal Reserve's actions could cause volatility, potentially impacting the price of VXZ.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
The release of the Federal Reserve minutes could cause volatility, potentially impacting the price of XIV.
The XIV tracks the VIX index, which measures market volatility. Any significant changes in market expectations regarding the Federal Reserve's actions could cause volatility, potentially impacting the price of XIV.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75