16 August 2024
US Treasury yields surged after surprisingly stronger-than-expected US Retail Sales data eased concerns about an economic slowdown, dampening investor speculation about aggressive interest rate cuts in the near future.
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15 August 2024
The US CPI (Jul) data released as expected further convincing investors that the Federal Reserve will be able to start cutting US interest rates next month.
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14 August 2024
Bond yields fell in Tuesday's trading (13/08/24) after data showed US PPI rose below forecast in July, reinforcing market expectations that cooling inflation will allow the Federal Reserve to cut interest rates soon.
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13 August 2024
CPI data is expected to show Inflation increased 0.2% in July, but remained unchanged at 3% on an annualized basis. Money markets are now pricing in the chance of a 25 or 50 bps cut in US interest rates in September, with a total easing of 100 bps by the end of 2024, according to the CME FedWatch survey.
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12 August 2024
Positive market sentiment came from a trio of Federal Reserve policymakers who indicated on Thursday that they were more confident inflation was cooling enough to lower interest rates.
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