was only slightly weaker. Overall, the day was relatively quiet, serving as a reminder of the market divergence that occurred on July 31.The yield curve also steepened today, but it is trending upward slowly at this point. It cleared resistance after the, but it has stalled since. I think we need more data to get a clearer picture, whether it’s a weak CPI report today or an increase in. It’s possible that the most important data this week isn’t even the CPI but the claims data on Thursday.
If the yield curve is steepening and the yen carry trade is still unwinding due to a narrowing rate differential, then a brief rally in the stock market over a few days won’t make much difference in the long run.However, if the USD/JPY starts trending lower again, it could become a bigger problem. This is because the USD/JPY tends to move in line with interest rate differentials, and as long as rates in the US are falling, it will likely cause the USD/JPY to decline as well.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: Investingcom - 🏆 450. / 53 Leer más »
Fuente: Investingcom - 🏆 450. / 53 Leer más »