BNP Paribas Sees a Fed Rate Hike Coming in September

The video discusses the Federal Reserve's potential rate hike in September, highlighting market complacency and the importance of Janet Yellen's upcoming speech. It examines the impact of Fed decisions on the dollar and commodity currencies, particularly the Australian and New Zealand dollars, and emphasizes the role of nonfarm payrolls as a key economic indicator.

What does the speaker predict about nonfarm payrolls by the time of the Fed's meeting in September?

According to the speaker, what could be the impact of a potential rate hike on commodity currencies?