FOMC Minutes
The minutes of the Fed meeting three weeks earlier: what was discussed and how many members wanted something else. They move markets when they reveal a different tone from the statement.
Market
Period
Releases
Too few releases with this filter to draw conclusions.
Typical move in the next 5 min
+0.08%
How much more than a normal day
1.9×
times the move at that same time on a day without news
The first candle sets the direction
57%
if the first 1-min candle is up, an hour later price is still higher (and if it is down, lower)
Price rises in the next 5 min
57%
of the time; otherwise it falls
How it moves after the release
Path from 15 minutes before to 60 after. If the first 1-minute candle fell, the path is flipped, so you can see whether that candle's direction holds. Line: median. Bands: middle half and middle 80% of cases.
By horizon
| Horizon | Typical move | At today's price | How far it usually goes | Follows the 1st candle |
|---|
Spread of 5-min moves
How many releases ended in each band of movement.
The strongest reactions
5 min
Every release
Tap a row to see that day minute by minute in all three markets.
Descriptive statistics of the past. Not investment advice and not a prediction.