- Building Permits declined from 1.44 million to 1.386 million, a dip below predictions.
- In addition, Housing Starts also decreased, moving from 1.352 million to 1.277 million, missing optimistic estimates.
- Initial Jobless Claims recorded a slight drop, trending from a revised 243K to 238K. Continuing Jobless Claims saw an increase from 1.813 million to 1.828 million.
- Philadelphia Fed Manufacturing Survey for June disappointed, posting a 1.3 instead of the projected 5, down from the previous 4.5.
- Minneapolis Fed President Neel Kashkari noted that returning inflation to the 2% target could take one to two years since current wage growth still outpaces the desired rate.
- Chances of an interest rate cut remain at about 67% for the upcoming Fed meeting on September 18, according to the CME Group's FedWatch Tool.
- US Treasury yields saw a considerable rise, with gains exceeding 1%. The 2-year, 5-year and 10-year rates stood at 4.74%, 4.29%, and 4.27%, respectively
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
Suka artikel ini? Tunjukkan apresiasimu dengan memberi hadiah untuk penulis.
Tinggalkan pesan Anda sekarang