- Joined
- 6 July 2013
- Posts
- 1
- Reactions
- 0
G'day,
When the journos in the newspaper say "the markets are pricing 93.56798% of a rate cut next week" or "the markets are pricing Obama's win" - I've always wanted to know how exactly they arrived to the numbers? Do they base the percentages, somehow, on changes in futures price movements?
Done googling, found nothing. I'll appreciate someone knowledgeable pointing to an article or an academic paper that explains how the "markets are pricing ...".
When the journos in the newspaper say "the markets are pricing 93.56798% of a rate cut next week" or "the markets are pricing Obama's win" - I've always wanted to know how exactly they arrived to the numbers? Do they base the percentages, somehow, on changes in futures price movements?
Done googling, found nothing. I'll appreciate someone knowledgeable pointing to an article or an academic paper that explains how the "markets are pricing ...".
