Major US indices playing the core PCE news slow ahead of Chair Powell

Although the core PCE data was weaker than expected, the US rates remain in positive territory. The USD has moved lower but has more technical work to do to increase the USD bearish bias (like move through 200 hour MA in GBPUSD GBP/USD The GBP/USD is the currency pair encompassing the United Kingdom’s currency, the British pound sterling (symbol £, code GBP), and the dollar of the United States of America (symbol $, code USD). The pair’s rate indicates how many US dollars are needed in order to purchase one British pound. For example, when the GBP/USD is trading at 1.5000, it means 1 pound is equivalent to 1.5 dollars. The GBP/USD is the fourth most traded currency pair on the forex exchange market, giving it ample liquidity a The GBP/USD is the currency pair encompassing the United Kingdom’s currency, the British pound sterling (symbol £, code GBP), and the dollar of the United States of America (symbol $, code USD). The pair’s rate indicates how many US dollars are needed in order to purchase one British pound. For example, when the GBP/USD is trading at 1.5000, it means 1 pound is equivalent to 1.5 dollars. The GBP/USD is the fourth most traded currency pair on the forex exchange market, giving it ample liquidity a Read this Term and USDCHF and USDJPY). The EURUSD did see a break above its 200 hour MA helped by more hawkish ECB sources comments that 75 basis point hike should be on the table at the next meeting. I wonder if that is good or bad, but if the ECB mandate is inflation, I guess it makes sense give inflationary trends.

The major US stock indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term are playing it slow. It seems they want to hear what chair Powell has to officially say. A look at the market currently shows:

• Dow up 34.24 points or 0.10% at 33323.48
• S&P index -5.52 points or -0.13% at 4193.97
• NASDAQ index -36 points or -0.25% at 12608.40
• Russell 2000-7.26 points or -0.37% at 1957.40

Although US yields are off their high levels, they still are higher on the day. A look at the US debt market shows:

• two year 3.378%, +0.8 basis points. The high yield reach 3.403%
• five year 3.176%, +2.0 basis points. The high yield reach 3.210%
• 10 year 3.046%, +1.6 basis points. The high yield reach 3.086%
• 30 year 3.258%, +1.7 basis points. The high yield reach 3.286%