Interest futures rose Thursday as Treasury yields fell after US employment data boosted rate cut expectations. Consequently, investors bet that the Federal Reserve’s rate-cut cycle could start in September. Meanwhile, market participants were preparing for another round of US inflation data next week for more clues on the outlook for Fed rate cuts. US jobless Read More…
Interest futures rose on Thursday as markets applauded Powell’s less hawkish tone after the FOMC policy meeting. At the same time, investors were gearing up for April’s US employment figures, which will give more direction on Fed rate cuts. Going into the FOMC meeting, there were concerns that policymakers would be more hawkish than usual. Read More…
Interest futures fell on Thursday after a poor US GDP report. At the same time, downward pressure came from a rally in Treasury yields amid signs that US inflation remains high. Consequently, investors are keen to see the outcome of the core PCE price index report on Friday. US GDP, core PCE price index (Source: Read More…
Interest futures fell on Thursday as Treasury yields soared due to the rising tensions in the Middle East. Furthermore, economic data from the US and policymaker remarks pointed to a delay in Fed rate cuts. Investors were on the edge while waiting for Middle East war developments. The uncertainty in the market rose after Iran Read More…
Interest futures fell on Thursday amid growing despair about the Fed’s rate-cut outlook. Investors have lost hope that the Fed will cut rates in June after data on Wednesday revealed high inflation. Wednesday’s US Consumer Price Index report dealt a big blow to Fed rate cut expectations. It brought to light that the Fed still Read More…
Interest futures ended higher on Thursday as investors positioned themselves ahead of the monthly US employment report. However, prices fluctuated during the session as rate cut expectations kept changing. US initial jobless claims (Source: Labor Department) The US released data showing higher-than-expected employment claims. These figures indicated easing conditions in the labor market, supporting Fed Read More…
