Market Overview Analysis by Ipek Ozkardeskaya covering: EUR/USD, Nasdaq 100, XAU/USD, S&P 500. Read Ipek Ozkardeskaya's latest article on Investing.com
auctions also saw weak demand earlier this week. The US treasuries remained under pressure. The 2-year yield – which best captures the Federal Reserve rate expectations – shortly hit the 5% psychological mark, theThings could get better or worse in the coming hours. The Fed’s Beige Book revealed yesterday that the US economy expanded at a ‘slight or modest’ pace since April, while consumers pushed back against higher prices.
To the Fed, the inflation number will matter more than the growth update as regardless of the deteriorating economic growth, the progress in inflation will determine whether the Fed could remain on path to cut rates this year. Therefore, it will be hard to interpret today’s GDP data before seeing tomorrow’s PCE print. And even then, Citigroup thinks that this week’s data will trigger limited price action; the upcoming US jobs and CPI updates in the next weeks will matter more.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Fed Tapering, Economic Softness Spark Mixed ReactionsMarket Overview Analysis by Ipek Ozkardeskaya covering: EUR/USD, USD/JPY, USD/CHF, XAU/USD. Read Ipek Ozkardeskaya's latest article on Investing.com
Lire la suite »
Market Mood Brightens as Jobs Report Points to Economic SlowdownMarket Overview Analysis by Ipek Ozkardeskaya covering: EUR/USD, GBP/USD, USD/JPY, AUD/USD. Read Ipek Ozkardeskaya's latest article on Investing.com
Lire la suite »
Implications for Forex, Equity Markets Amid BoE's Dovish Shift and Fed's ConundrumMarket Overview Analysis by Ipek Ozkardeskaya covering: EUR/USD, GBP/USD, USD/JPY, FTSE 100. Read Ipek Ozkardeskaya's latest article on Investing.com
Lire la suite »
Elephant in the Room? Indexes Notch New Intraday Highs Amid Mixed Economic SignalsMarket Overview Analysis by Ipek Ozkardeskaya covering: EUR/USD, USD/JPY, USD/CHF, Nasdaq 100. Read Ipek Ozkardeskaya's latest article on Investing.com
Lire la suite »
Fed's Hawkish Minutes Push Yields HigherMarket Overview Analysis by Ipek Ozkardeskaya covering: Nasdaq 100, S&P 500, Qualcomm Incorporated, NVIDIA Corporation. Read Ipek Ozkardeskaya's latest article on Investing.com
Lire la suite »
Fed, BoE Signals Challenge Market Optimism as Reflation Trade Loses MomentumMarket Overview Analysis by Ipek Ozkardeskaya covering: EUR/USD, USD/JPY, AUD/USD, Nasdaq 100. Read Ipek Ozkardeskaya's latest article on Investing.com
Lire la suite »