Daily digest market movers: US Dollar mildly up as focus shifts to PCE

avatar
· 閱讀量 100


  • Mid-tier housing data came in lower than expected with Existing Home Sales posting a higher-than-expected monthly drop in June but didn’t trigger major movements on the USD.
  • Weak Richmond Fed manufacturing index didn’t stop the USD bulls from advancing.
  • On Friday, forecasts placed the core PCE at a 0.16% MoM increase and the spending is projected at a 0.3% MoM increase.
  • The CME FedWatch Tool indicates a highly probable rate cut in September, although GDP and PCE data are set to determine the week's dynamics for the USD.
  • US Treasury yields are down with the 2,5 and 10-year rates at 4.51%, 4.16% and 4.23%.

風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

喜歡的話,讚賞支持一下
回覆 0
暫無留言。 來發表第一則觀點吧。

  • tradingContest