- Markets are in panic mode on Monday after Japanese indices closed down by over 12%. Traders even priced in a 60% chance for an emergency rate cut in August at one point, Bloomberg reported.
- At 13:45 GMT, the final readings of the S&P Global Purchasing Managers Index (PMI) for July will be released:
- Services PMI is expected to come at 56.
- The Composite number is expected to remain stable at 55.
- At 14:00 GMT, the Institute for Supply Management (ISM) will release its numbers for July:
- The Services Employment Index is expected to head to 46.5 from 46.1.
- Services New Orders Index was at 47.3 previously, with no forecast available.
- The Services PMI should head out of contraction to 51 from 48.8.
- Services Paid Index should ease a touch to 55.8 from 56.3.
- Equity markets are falling out of bed on Monday, with the Japanese Nikkei facing its worst performance since 1987. US equities are down with the Nasdaq leading the charge with a 4% decline. European equities are facing milder losses, down 2.5% on average.
- The CME Fedwatch Tool shows a 96.5% chance of a 50 basis points (bps) interest rate cut by the Federal Reserve in September. Another 50 bps cut is expected in November by 78.6%, while a 20.6% chance of just a 25 bps cut is priced in that month.
- The US 10-year benchmark rate trades at a new 52-week low at 3.73%.
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。