Markets were in waiting mode ahead of final pivotal data releases before September's round of central bank meetings.
Markets were in waiting mode ahead of final pivotal data releases before September's round of central bank meetings.Equity markets were mixed, with European main indices outperforming their US counterparts amid Nvidia's somewhat disappointing earnings report, while bond yields were little changed. The post-Jackson Hole rally in EUR/USD cooled off, with the cross declining back below 1.11.
3% and average hourly earnings growth at +0.2% m/m SA . Markets are currently pricing around 35% probability of the Fed initiating its easing cycle with a 50bp cut, but a print in line with our forecasts would likely push market pricing to converge towards a 25bp move . Leading up to Friday, US data calendar includes several other key releases as well, namely AugustISMmanufacturing and services indices as well as the JulyJOLTsdata.
Economicindicator Macroeconomics Equities
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Weekly Wish List From an Us Weekly Beauty and Fashion EditorCheck out our favorite editor-approved finds of the week, from skincare staples to fashion 'fits — details here
Baca lebih lajut »
Markets Weekly Outlook: Gold Hits New ATH Ahead of Jackson Hole SymposiumMarket Overview Analysis by MarketPulse (Zain Vawda) covering: EUR/USD, GBP/USD, USD/JPY, Nasdaq 100. Read MarketPulse (Zain Vawda)'s latest article on Investing.com
Baca lebih lajut »
Weekly jobless claims fall relieves recession-wary marketsWeekly jobless claims fall relieves recession-wary markets
Baca lebih lajut »
Markets are now wondering whether the Fed might cut by half a point in SeptemberThe odds of something even more aggressive, like a half-point move, grew quickly Friday.
Baca lebih lajut »
A 50bp cut in September 'more likely' after downward jobs revisionA 50bp cut in September 'more likely' after downward jobs revision
Baca lebih lajut »
European markets open marginally higher as Fed minutes point to likely September cutEuropean stocks opened marginally higher Thursday as investors look for indications from the Federal Reserve on the future path of interest rates.
Baca lebih lajut »