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Powell To Go Hawkish In Today's Speech?

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He's got to walk back his previous comments…
 
   
     
   
DON'S DAILY BRIEF
 
Euro On The Rise
 
Fed Chairman Powell speaks today a bit after Noon Eastern.

I think he’s going to come out very hawkish.

He needs to walk back the comments that left a very dovish taste in the market’s mouth, which has in large part led to the rally in the last week.

I think we’re going to see a sell off in risk assets over the next week.

► In particular, Gold could be affected.


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