News Formal

NZD/USD climbs amid mixed market mood, eyes on Powell’s Jackson Hole speech

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

NZD/USD recovers some ground though exchanges hands off the highs of the day of 0.5972, trading at 0.5941, amidst a mixed market mood spurred by fears

about recent developments in China and uncertainty about the outcome of US Federal Reserve Chair Jerome Powell’s speech at Jackson Hole.

US equities dwindle as market sentiment remains fragile. The National Association of Realtors revealed that Existing Home Sales plunged -2.2% in July but improved compared to June’s -3.3% figures. According to the report, “inventory availability” and higher “mortgage rates” are the drivers behind the latest report drop, revealed NAR Chief Economist Lawrence Yun.

Meanwhile, Richmond Fed President Thomas Barkin emphasized that reaching the 2% target is crucial to Fed’s credibility. Later on the day, further, Fed policymakers will cross the wires, with Bowman and Golsbee up next.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 14. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Wall St mixed as investors await Nvidia earnings, Jackson Hole meet By ReutersWall St mixed as investors await Nvidia earnings, Jackson Hole meet
Fonte: Investingcom - 🏆 450. / 53 Leggi di più »