- Two non-USD drivers triggered ample US Dollar strength across the board on Friday:the Eurozone bond crunch – with sovereign yields rising in countries like Italy and France – and the outcome of the Bank of Japan monetary policy meeting.
- The USD/JPY pair climbs back to nearly 158.00 after the BoJ announced it will ease its bond-buying program. This might trigger a freefall in bond prices and a rise in yields, triggering further Yen weakness.
- At 12:30 GMT, US Import and Export prices for May will be released. Monthly Import prices are expected to rise 0.1%, down from the 0.9% increase seen in April. Monthly Export prices should stabilize following the 0.5% increase a month earlier.
- At 14:00 GMT, the University of Michigan will release its preliminary report for June:
- Consumer Sentiment is expected to jump back to 72.0 from 69.1.
- The five-year inflation expectations rate stood at 3% at the end of April.
- Near 18:00 GMT, Federal Reserve Bank of Chicago President Austan Goolsbee participates in a fireside chat at the Iowa Farm Bureau Economic Summit.
- At 23:00 GMT, Federal Reserve Governor Lisa Cook delivers a speech at the 50 Years celebration of the American Economic Association Summer Program in Washington D.C.
- Equity markets are painting a similar pattern compared to the last few trading sessions, with European equities in the red and US futures holding onto gains.
- The CME FedWatch Tool shows a 31.5% chance of Fed interest rate remaining at the current level in September. Odds for a 25-basis-points rate cut stand at 60.5%, while a very slim 7.9% chance is priced in for a 50-basis-points rate cut.
- The benchmark 10-year US Treasury Note slides to the lowest level for this month, near 4.22%, flirting with the lows seen in March.
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
古いコメントはありません。ソファをつかむ最初のものになりましょう。