The markets are still wary, but all is good on the surface.
-The France confidence vote has been won
-The Fed stayed the course (but it almost lost control of the interest rate, only seen by the professional market)
-The Scottish referendum is the last obstacle, but it seems that the politicians waged a successful scare campaign and latest polls seems to favour the NO.
In October we will have almost a repeat
-France will have to approve the Budget and it seems the unions are preparing for a big fight
-QE officially ends and there will be more talks on interest rates
In November will be slightly different
The US Mid Term Election. Now it seems that the republican could win 6 more seats in the House and specially the committee that has the oversight of the FED (and it is a lot against market intervention).
Plus Islamic State will definitely try to study a counter offensive. As of now there is a major anti terror operation in Sydney and Brisbane developing that there was a clear and present danger that needed to be addressed.
investorpolitico 