Global Market Insights - Forex, Futures, Stocks

Steady start as markets digest data ahead of rate decisions and NFP

June 03, 2024 XM.com
Steady start as markets digest data ahead of rate decisions and NFP
Global Market Insights - Forex, Futures, Stocks
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Global Market Insights - Forex, Futures, Stocks
Steady start as markets digest data ahead of rate decisions and NFP
Jun 03, 2024
XM.com

ECB cuts pared back after CPI uptick, but Fed hopes rise on softer core PCE. BoC to likely join ECB in cutting rates this week after GDP miss. Upbeat Asian PMIs boost equities ahead of US jobs report. Oil prices muted as OPEC+ decision sends mixed signals on output.

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Show Notes

ECB cuts pared back after CPI uptick, but Fed hopes rise on softer core PCE. BoC to likely join ECB in cutting rates this week after GDP miss. Upbeat Asian PMIs boost equities ahead of US jobs report. Oil prices muted as OPEC+ decision sends mixed signals on output.

Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook

In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.