Post
· Views 129
📈 Market Analysis: As the Fed prepares rate cuts, shares rise and the dollar declines Asian shares edged higher, with MSCI’s index up 0.2%, Japan’s Nikkei climbing 1%, and Hong Kong’s Hang Seng increasing by 0.7%. The U.S. dollar remained near one-year lows against the euro and sterling, following Federal Reserve minutes that hinted at a potential rate cut in September. Futures markets have priced in a 25 basis point cut next month, with further cuts anticipated by mid-2025. Treasury yields were stable, with ten-year yields at 3.81% and two-year yields at 3.94%. Brent crude prices have fallen nearly 6% in August, trading at $76.04 per barrel, while gold remained above $2,500 per ounce. Whitehaven Coal’s shares surged 8% after announcing a significant stake sale. Japan’s manufacturing PMI showed slight contraction, and South Korea’s central bank kept rates unchanged but signaled potential future cuts. REGISTER NOW!! - https://mykvbplus.github.io/?r... #KVB #tradingindonesia #indonesia #vietnam #Signal #COPYTRADE #XM #Exness #mytradingstory #forexmarket #FOLLOWMEGuideBook #OPINIONLEADER #tradingvietnam #trader #tradingforex

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

avatar

Hot

message me privately

-THE END-