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Date 12 Jun 24 : Traders await US CPI and Fed decision

Writer: Ada Tam Ying YingAda Tam Ying Ying

Besides waiting for Fed decision tonight, what else traders checking on :

 

Market Recap:


Last Friday, U.S. Job data had surprised the market with Non-Farm Payrolls expanded by 272,000 for May vs 185,000 estimate. And this data hit the Gold price to drop, but at the same pushing the U.S. Treasury yields to climb higher. Markets started to worry that the Fed may unlikely to follow the ECB to cut rate in tonight FOMC Meeting, causing the U.S. indexes to go sideway for the past 2 days






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Ada Tam

(For urgent matter, please leave me a WhatsApp message and I'll reply me whenever I'm available).

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