WTI Crude: The FOMC's ECB Envy. 11Sep

Our economic release studies plotting Q2 FOMC behavior for London & NY Sessions.
Like the ECB effect, the FOMC reactions are noticeably higher in the NY Session v London, 
certainly not counterintuitive given FOMC release time. 

Interestingly, the ECB has had a more significant effect on price volatility 
in WTI than FOMC in 2012 (especially in Q1), (here) & (here).












Of key interest is the shift in volatility during the NY Session 
as a result of the addition of press conference following the statement release.

For this & additional information, please visit our subscription page.

at