Hawkish Fed Left Markets Directionless, Look Out for Risk Aversion ahead Markets' focused turned to FOMC last week as the Crimean worries faded. The perceived more hawkish than expected FOMC announcement triggered much volatility in the markets. But that didn't leave us with any clear directions. While the greenback was popped by by expectations that Fed's rate hike might come earlier than expected, dollar was indeed, not the strongest currency last week. The top two major currencies were Aussie and Kiwi respectively. Stocks were also stuck in range as DOW and S&P 500 rally attempts were both limited by recent high. Long term treasury yields defended recent support levels again but subsequent rebound was rather weak. Indeed, 30 year yield and 10 year yield weakened considerable on Friday. The overall outlook of the markets are quite mixed. Full Report Here... | 
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