{"id":12644,"date":"2021-07-28T09:47:00","date_gmt":"2021-07-28T08:47:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=12644"},"modified":"2021-07-28T22:52:49","modified_gmt":"2021-07-28T21:52:49","slug":"will-the-fed-taper-their-mbs-purchases-and-bring-the-markets-down","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/will-the-fed-taper-their-mbs-purchases-and-bring-the-markets-down\/","title":{"rendered":"Will the Fed taper their MBS purchases and bring the markets down?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"12644\" class=\"elementor elementor-12644\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f797de5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f797de5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7db6b18\" data-id=\"7db6b18\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-627b03d elementor-widget elementor-widget-text-editor\" data-id=\"627b03d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>Daily Brief<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-48375f5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"48375f5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-802776f\" data-id=\"802776f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-10a62db elementor-widget elementor-widget-image\" data-id=\"10a62db\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"533\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/07\/forex-15.png\" class=\"attachment-large size-large wp-image-12647\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d07fc6a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d07fc6a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-247d045\" data-id=\"247d045\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2f65d5b elementor-widget elementor-widget-text-editor\" data-id=\"2f65d5b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>I find it is always best to start with the forex heatmap as it lets me know the current mood of the market. Yesterday was obviously a down day and for me the move into the yen indicated that first. Today the commodity pairs <a href=\"http:\/\/bit.ly\/2KflF5J\" target=\"_blank\" rel=\"noopener\">NZD<\/a> and <a href=\"http:\/\/bit.ly\/334hUb4\" target=\"_blank\" rel=\"noopener\">CAD<\/a> are at odds with each other, and the USD is getting a bid. <a href=\"http:\/\/bit.ly\/2OJjKKR\" target=\"_blank\" rel=\"noopener\">Yen<\/a> and <a href=\"http:\/\/bit.ly\/31pdEAU\" target=\"_blank\" rel=\"noopener\">Swissy<\/a> are mixed so it is not clear in terms of the traders intentions this morning.<\/p><p><a href=\"https:\/\/bit.ly\/3wIwSRV\" target=\"_blank\" rel=\"noopener\">US 10 Year yields<\/a> are holding up against yesterday\u2019s lows and they will probably remain here until the FOMC meeting conclusion today. The market is talking about a possible tapering of Mortgage-Backed Securities which will be seen as Hawkish moves by the Fed. The US housing market has been overheating since the start of the pandemic as people moved out of the cities into larger homes, in less densely populated areas. There has also been supply shocks and prices of Lumber had increased to record highs, putting pressure on housebuilders and inflating house prices. The Fed has also kept interest rates at record lows and has been removing MBS to the tune of $40billion a month which analysts say is adding to the housing price increase. The initial reaction to a tapering will most probably be a move into the US dollar and out of equities. But until we get the statement and press conference I would recommend sitting on the side-lines, considering where to fade a reactionary move or what else could be signalling a bigger down trend.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3ec2fc4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3ec2fc4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b38ac83\" data-id=\"b38ac83\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0fef5cc elementor-widget elementor-widget-image\" data-id=\"0fef5cc\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/35GPYMk\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"543\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/07\/FTSE-3.png\" class=\"attachment-large size-large wp-image-12648\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-73652a0d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"73652a0d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-562fa3fd\" data-id=\"562fa3fd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-44f43f69 elementor-widget elementor-widget-text-editor\" data-id=\"44f43f69\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/35GPYMk\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5eb5a52 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5eb5a52\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-08fcd8f\" data-id=\"08fcd8f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0a150eb elementor-widget elementor-widget-text-editor\" data-id=\"0a150eb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The <a href=\"https:\/\/bit.ly\/35GPYMk\" target=\"_blank\" rel=\"noopener\">FTSE<\/a> is trading at the day\u2019s opening price and should get a bid into the US session. Companies are reporting good revenues within the earnings reports but with the caveat that there are still supply chain bottlenecks which are causing concern. <a href=\"http:\/\/bit.ly\/2UMleFG\" target=\"_blank\" rel=\"noopener\">Barclays<\/a> have quadrupled their profits and have reinstated their dividend, so I am glad I wrote about that earlier this week as a good investment idea.<\/p><p>The Nationwide House Price Index for the UK housing market is lower today as house prices cool post the full tax break deadline.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-04d12bd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"04d12bd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c62db40\" data-id=\"c62db40\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4268110 elementor-widget elementor-widget-image\" data-id=\"4268110\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"477\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/07\/united-kingdom-nationwide-housing-prices@2x.png\" class=\"attachment-large size-large wp-image-12650\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a644599 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a644599\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e4cadac\" data-id=\"e4cadac\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0bfe5a9 elementor-widget elementor-widget-text-editor\" data-id=\"0bfe5a9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Annual house price growth in the UK eased to 10.5% in July from a 17-year high of 13.4% in the previous month.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-13fd52e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"13fd52e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-421e7c2\" data-id=\"421e7c2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0b1b8eb elementor-widget elementor-widget-image\" data-id=\"0b1b8eb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"550\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/07\/GBPUSD-26.png\" class=\"attachment-large size-large wp-image-12651\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-45efa2af elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"45efa2af\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-498f5613\" data-id=\"498f5613\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6454aef0 elementor-widget elementor-widget-text-editor\" data-id=\"6454aef0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0998c85 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0998c85\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-485d9ca\" data-id=\"485d9ca\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1be40cb elementor-widget elementor-widget-text-editor\" data-id=\"1be40cb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The <a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\" rel=\"noopener\">GBPUSD<\/a> has found some resistance at a descending trend line, but the reality is the move into the US dollar this morning is capping Cables advance. It closed above the daily 50 exponential moving average which is a really bullish sign but failed to take out the balance area highs to the left on the chart. Another big push is needed if we\u2019re to test those sitting orders at 1.4000 or above.<\/p><p>Last night some big US companies delivered great earnings beating market expectations. <a href=\"http:\/\/bit.ly\/2Zk300V\" target=\"_blank\" rel=\"noopener\">Google<\/a>, <a href=\"http:\/\/bit.ly\/2Zmw200\" target=\"_blank\" rel=\"noopener\">Apple<\/a>, <a href=\"http:\/\/bit.ly\/2J3MDwb\" target=\"_blank\" rel=\"noopener\">Microsoft<\/a> and<a href=\"https:\/\/bit.ly\/3olP5Qp\" target=\"_blank\" rel=\"noopener\"> AMD<\/a> along with <a href=\"https:\/\/bit.ly\/3BG0QJg\" target=\"_blank\" rel=\"noopener\">Starbucks<\/a> all reported that supply chains would be a concern and could affect the rest of the years bottom line. In the tech industry the semi-conductor supply chain is the weakest link.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f1f45d6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f1f45d6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-25368df\" data-id=\"25368df\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0b4483b elementor-widget elementor-widget-image\" data-id=\"0b4483b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3vFKHQ2\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"549\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/07\/Nasdaq-9.png\" class=\"attachment-large size-large wp-image-12652\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-38375e25 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"38375e25\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-14eed1eb\" data-id=\"14eed1eb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d41578f elementor-widget elementor-widget-text-editor\" data-id=\"d41578f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3vFKHQ2\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bf38f50 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bf38f50\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c8674e3\" data-id=\"c8674e3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-42a1b26 elementor-widget elementor-widget-text-editor\" data-id=\"42a1b26\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Once again, the 20, 50 and 200 exponential moving averages have been a great indicator of not just the daily momentum of the <a href=\"https:\/\/bit.ly\/3vFKHQ2\" target=\"_blank\" rel=\"noopener\">US indices<\/a> but also where dynamic support could come into play. Yesterday\u2019s down move ahead of the aftermarket earnings reports paused at the daily 20 period ema and could have given the side-lined investors an opportunity to get involved.<\/p><p>Later on today we have the FOMC meeting rate and monetary policy decision. Followed by the important press conference. This will be the markets focus today and probably give the rest of the week\/month a trading direction. Before that there will be CPI inflation data out of Canada and the EIA weekly <a href=\"https:\/\/bit.ly\/3xRo1y8\" target=\"_blank\" rel=\"noopener\">oil<\/a> inventory data. Today\u2019s earnings include <a href=\"https:\/\/bit.ly\/2W8Oqpp\" target=\"_blank\" rel=\"noopener\">Boeing<\/a>, <a href=\"https:\/\/bit.ly\/36WvPD0\" target=\"_blank\" rel=\"noopener\">Ford<\/a>, <a href=\"http:\/\/bit.ly\/2NhH3Yk\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>, <a href=\"https:\/\/bit.ly\/3eUSCAy\" target=\"_blank\" rel=\"noopener\">Pfizer<\/a> and <a href=\"https:\/\/bit.ly\/2zRFu07\" target=\"_blank\" rel=\"noopener\">PayPal<\/a>.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Daily Brief I find it is always best to start with the forex heatmap as it lets me know the current mood of the market. Yesterday was obviously a down day and for me the move into the yen indicated that first. Today the commodity pairs NZD and CAD are at odds with each other, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":12645,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[8,2],"tags":[154,69,57,20,27,67],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will the Fed taper their MBS purchases and bring the markets down? - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/will-the-fed-taper-their-mbs-purchases-and-bring-the-markets-down\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will the Fed taper their MBS purchases and bring the markets down?\" \/>\n<meta property=\"og:description\" content=\"Daily Brief I find it is always best to start with the forex heatmap as it lets me know the current mood of the market. Yesterday was obviously a down day and for me the move into the yen indicated that first. Today the commodity pairs NZD and CAD are at odds with each other, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/will-the-fed-taper-their-mbs-purchases-and-bring-the-markets-down\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-28T08:47:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-28T21:52:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/07\/GettyImages-1165281009.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"508\" \/>\n\t<meta property=\"og:image:height\" content=\"299\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Neville Hornsey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Neville Hornsey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/will-the-fed-taper-their-mbs-purchases-and-bring-the-markets-down\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/will-the-fed-taper-their-mbs-purchases-and-bring-the-markets-down\/\"},\"author\":{\"name\":\"Neville Hornsey\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85\"},\"headline\":\"Will the Fed taper their MBS purchases and bring the markets down?\",\"datePublished\":\"2021-07-28T08:47:00+00:00\",\"dateModified\":\"2021-07-28T21:52:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/will-the-fed-taper-their-mbs-purchases-and-bring-the-markets-down\/\"},\"wordCount\":652,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"DXY\",\"FOMC\",\"FTSE100\",\"GBPUSD\",\"NASDAQ\",\"US Dollar\"],\"articleSection\":[\"Economy\",\"Markets\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/will-the-fed-taper-their-mbs-purchases-and-bring-the-markets-down\/\",\"url\":\"https:\/\/youtrading.com\/en\/will-the-fed-taper-their-mbs-purchases-and-bring-the-markets-down\/\",\"name\":\"Will the Fed taper their MBS purchases and bring the markets down? 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