Trial now
US EURODLR OPTIONS

BLOCK, Call Spd Sale

US EURODLR OPTIONS

Mixed Wing Trade

EQUITIES

Consolidate some of the post Fed sell off

EURIBOR OPTIONS

More hawkish play

US VIEW
US VIEW: Traders eye 2pm ET FOMC meeting outcome, widely expected to have 25-bp
rate hike; also eyed SEP,d 2:30pm ET Chr Yellen news conf. 
- JPM's Michael Feroli expects FOMC will raise FFR tgt range 25bps to
1.25-1.50%, "the overwhelming consensus expectation" so "more interesting" news
what FOMC signals on 2018 pol outlk; Sept: median FOMC comm participant expected
3 hikes next yr;" he eyed "even odds" this "increases to 4 expected hikes." 
- JPM's Feroli said FOMC SEP economic forecasts Wed likely "show a lower
unemplynt rate than the September projections, and a generally firmer outlook
for GDP growth." He said  "both revisions should be directionally supportive of
a somewhat faster rate normalizatn path;" did not anticipate much change to FOMC
statement on econ or mon pol; "finally, the monthly caps on the amount of
balance sheet shrinkage should be increased $10B/mo" starting in Jan, as said in
pvsly announced sched.
- Gluskin Sheff's David Rosenberg: "Will Fed become more aggressive?" He added
"many at the central bank are getting antsy over the tight labor market and
financial imbalances."