Weak wage growth is Fed’s Achilles heel - GKFX

Will Fed ignore the anemic wage growth and hike rates three times this year? James Hughes, Chief Market Analyst at GKFX believes Fed would want to see a healthy and a steady growth in wages before it really puts the pedal on the metal.

Friday’s coming wage growth figures are important, but may not necessarily stop the Fed from pushing rates higher next week.

Also discussed in the segment is-

Is the pull back in the S&P500 is a technical correction or is it being driven by heightened rate hike bets?

Gold trapped between bullish crossover between 50-DMA and 100-DMA and 200-DMA resistance

Dutch Elections hold the key for Europe. Victory for a right wing party could boost the odds of Marine Le Pen victory in French Elections

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