26 June 2024
The market players are also looking forward to Friday's PCE price index data, which could provide further clues about the US Inflation picture and when the Federal Reserve might start cutting interest rates.
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25 June 2024
Investors are hoping to get more clues on the Federal Reserve's next move in an effort to fight Inflation without hurting the economy too much, aka working the US economy towards a soft-landing.
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24 June 2024
Economic data on the housing market showed US Existing Home Sales fell for the third consecutive month in May as record-high prices and rising mortgage rates kept potential buyers at bay.
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21 June 2024
US10YT is still holding in the lower channel Support region with RSI positive divergence, signaling a potential technical rebound. ADVISE: wait for the yield to break MA10 first as the nearest Resistance (4.31%) then the yield will go to the following TARGETS: 4.376% / 4.473% / 4.55%.
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19 June 2024
While Indonesian financial markets were on Eid al-Adha holiday, the US actually released several economic indicators this week including Retail Sales which turned out to grow only 0.1% mom in May, falling short of expectations of 0.3%.
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