Belgium Gross Domestic Product (QoQ) above expectations (0.2%) in 3Q: Actual (0.3%)

MUFG’s Lee Hardman notes the US Dollar is trading modestly weaker after the FOMC left rates unchanged but signalled more caution on further hikes. Despite two hawkish dissenters, the overall tone and recognition of tighter financial conditions support MUFG’s view of only one more Fed hike.