Trading Catalysts this week:
Today/Friday US-Iran deal
Already signed digitally, formal signing will happen Friday June 19 - along with details being revealed.
Oil already down, and markets tilting risk on on the news, as inflation and rate expectations may come down.
Wednesday 6/17 - FOMC
First FOMC with Kevin Warsh as Chair. Warsh is a rate dove, but supposedly a balance sheet hawk.
Rates are widely expected to not change, but the Dot Plot, and language around the balance sheet will be watched closely as it affects net liquidity. The Iran Deal gives support to a more dovish stance than last week.