Market participants are currently anticipating an additional 25 basis points increase in the Fed funds target rate by the central bank in July. However, the future trajectory of the rate hike remains uncertain and will depend on economic data.
According to CME's FedWatch tool, financial markets have priced in a 76.9% likelihood of the rate hike taking place in July.
This week, several important U.S. data releases are scheduled, including durable goods new orders, housing data, the Commerce Department's final assessment of first-quarter GDP, consumer surveys conducted by The Conference Board and University of Michigan, and the Friday report on Personal Consumption Expenditures (PCE). The PCE report is particularly crucial as it covers consumer income/outlays and, importantly, inflation.
XAUUSD BUY 1923 - 1925 💯💯
✅ TP1: 1931
✅ TP2: 1936
✅ TP3: 1941
🛑 SL: 1916
According to CME's FedWatch tool, financial markets have priced in a 76.9% likelihood of the rate hike taking place in July.
This week, several important U.S. data releases are scheduled, including durable goods new orders, housing data, the Commerce Department's final assessment of first-quarter GDP, consumer surveys conducted by The Conference Board and University of Michigan, and the Friday report on Personal Consumption Expenditures (PCE). The PCE report is particularly crucial as it covers consumer income/outlays and, importantly, inflation.
XAUUSD BUY 1923 - 1925 💯💯✅ TP1: 1931
✅ TP2: 1936
✅ TP3: 1941
🛑 SL: 1916
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.