September could be a month o remember…or not.
While economists are pretty much focussed on a September hike…the jury is still out there.
In the data related market (options pattern, VIX, bond curve) there is nothing indicating a rise.
In the gold pricing structure and in the USD actually there is a “not hike” hypothesis.
If September does not happen the next most probable month is December.
So the Jury is not out and what the market thinks about it even less.
In doubt, do not bet!