Dollar higher is somewhat of a Surprise as I thought the buy the rumor sell the news trade would be in play. Dollar +100 ticks.
Emerging market stock markets are well bid ,all up well over 1%,.MSCI The Emerging market Index is up again today after being sold aggressively into fed decision.EM currencies for most part are down against the dollar.Argentine Peso down some 20% as currency controls are lifted,South African Rand 1.8% lower,South Korea -1.2% lower
Commodities today are lower with the precious metals sector being hardest hit.Gold near 2015 lows and thus multi year low,silver approaching 6 year low.if platinum trades below 824 ish 6 year lows! Strong dollar , better return from Fixed income latest cause.Crude oil ugly again.
Developed Market Currencies are lower but to varying degrees as “commodity Currencies” are heavy. Aussie -100,Cad -78 NZD -90 Pips. EUR only down 60,Yen -60 GBP-80.Countries relying on Exports,outside USA are happy
Those Countries that benefit the most form perceived Increase in Exports most notably Germany find Their Stock markets higher. Dax +3%
Treasury Curve continues to trade flatter.This has been the trade du jour and looks like it will continue.people that believe FED dot plot were Hawkish( more 2016 hikes than expected) will continue to sell short term and buy longer end.