📈 Market Analysis: As the Fed prepares rate cuts, shares rise and the dollar declines
Asian shares edged higher, with MSCI’s index up 0.2%, Japan’s Nikkei climbing 1%, and Hong Kong’s Hang Seng increasing by 0.7%. The U.S. dollar remained near one-year lows against the euro and sterling, following Federal Reserve minutes that hinted at a potential rate cut in September. Futures markets have priced in a 25 basis point cut next month, with further cuts anticipated by mid-2025. Treasury yields were stable, with ten-year yields at 3.81% and two-year yields at 3.94%.
Brent crude prices have fallen nearly 6% in August, trading at $76.04 per barrel, while gold remained above $2,500 per ounce. Whitehaven Coal’s shares surged 8% after announcing a significant stake sale. Japan’s manufacturing PMI showed slight contraction, and South Korea’s central bank kept rates unchanged but signaled potential future cuts.
REGISTER NOW!! -
https://mykvbplus.github.io/?r...
#KVB #tradingindonesia #indonesia #vietnam #Signal #COPYTRADE #XM #Exness #mytradingstory #forexmarket #FOLLOWMEGuideBook #OPINIONLEADER #tradingvietnam #trader #tradingforex
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.


اترك رسالتك الآن