EBC Daily Snapshot Jun 6, 2024

On Thursday, the dollar weakened as markets bet on a Fed easing cycle this year. Nearly 50 bps rate cuts are anticipated, starting in September.

Förordning: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Dollar pulls back ahead of key inflation data

Dollar pulls back ahead of key inflation data

Dollar traders lock gaze on PCE inflation numbers - Inflation stickiness could increase Fed pause chances - Yen strengthens on safe-haven demand - S&P 500 and Dow Jones hit record highs, gold rebounds
XM Group | 2h 10minuter sedan
Daily Global Market Update

Daily Global Market Update

Bitcoin faces a bearish trend, while Alibaba Bar stock shows potential for upward movement. The Aussie Dollar is correcting downwards but may recover, and Gold is on an upward trajectory. Global markets are influenced by geopolitical tensions and economic indicators. Key economic events this week include Japanese and European data releases.
Moneta Markets | 6h 39minuter sedan
All Eye on Today’s PCE

All Eye on Today’s PCE

Ahead of today’s U.S. PCE reading, most asset classes remained steady as markets await direction. A higher-than-expected reading could bolster the dollar.
PU Prime | 7h 2minuter sedan