USD/JPY Forecast: Trying to Carve Out a Bottom

Fed Debate Shifts From Large Cut to Whether to Cut at All

Fed Debate Shifts From Large Cut to Whether to Cut at All

Indicators of unease are beginning to present although - some asset managers are beginning to again away from bonds, cautious the "euphoria" over US rate of interest cuts is overdone and a Fed policymaker this week made some extent of claiming that markets do typically get issues mistaken.

But with so much priced in now, any failure to deliver on easing could spark a tantrum.

- "Sad" milestone as all Danish government bond yields dip below 0%.

The Fed's easing bias will be on display in Powell's appearances before the Senate and House of Representatives Committees, but the impact of the better than forecast jobs data on the central bank's thinking will be explored.

Markets are overwhelmingly betting the Fed's next move will be its first rate cut since the financial crisis a decade ago. Trump tweeted late early Saturday morning.

US employers are hiring workers, but that is only making the Federal Reserve's job harder.

Nonfarm payrolls rose by 224,000 in June, well above consensus expectations for 160,000 and a sharp rebound from a downwardly-revised 72,000 in May.

There will be investment numbers, bank lending figures, retail sales and trade data.

In a separate tweet Saturday, Trump said the the "envy of the World" after all three USA stock indexes closed at record highs before the July 4 holiday. While their backgrounds are divergent, both are thought likely to enthusiastically support the president's call for lower interest rates.

'Spider-Man…' mints over Rs 10 cr on first day
Russian Federation started with Dollars 2.8 million on Thursday and France opened with USD 2.5 million on Wednesday. Sony is still projecting $125 million for the film's first six days, but we think it will be much higher.

The U.S. has not resolved its trade dispute with China, but the two countries agreed last weekend to resume trade talks, putting off new tariffs.

- Trump officials say U.S.

Yields on two-year U.S. Treasuries previously jumped to 1.87 percent from 1.76 percent, reflecting reduced odds of the Fed aggressively reducing borrowing costs in the near term. The hole between euro zone and USA financial surprises on Citi's widely-watched index is the widest it's been in two years.

- Equity outflows total $15.1 bln amid caution over U.S.

Traders are looking for signs whether Britain's dismal PMI releases are filtering through to weaker economic growth.

Shirley said the strong data had caused investors to pare back expectations for rate cuts.

June manufacturing PMI has sunk to a six-year low, knowledge has already confirmed. That was followed by the worst construction PMI since April 2009, when Britain was in the throes of the global financial crisis.

Market pricing is now showing a 5 percent chance of a 50-point cut and a 95 percent chance of a 25-point cut, according to the CME FedWatch Tool. The upcoming knowledge might verify how unhealthy issues are - the United Kingdom will even launch retail gross sales and housing knowledge.

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