The markets interpreted the comments as a sign that British interest rates could fall early next year.
"The market was interpreting that the strong homes sales number could hasten the day the Fed will raise the funds rate," he said.
That much production is what the Saudis wanted, but the market will interpret this as a very weak agreement.
That is how the market is interpreting what happened.
"The market is interpreting his comments as portending higher short-term interest rates later this year."
Financial markets interpreted the data, which were much better than anticipated, optimistically.
The financial markets interpreted the reports as a sign the Federal Reserve would not lower interest rates in the near future.
How the markets interpret the politics will reverberate beyond Japan.
The markets interpreted the move as a signal that the Fed was not altering its monetary policy or pushing interest rates lower.
Below are some improtant economic indicators that have emerged since the Fed's last meeting and how the markets have interpreted them.