Will the Federal Reserve raise interest rates next week? The U.S. August CPI data will be released at 20:30 tonight, marking a pivotal moment for the markets.
① At 20:30 Beijing Time tonight, the U.S. Bureau of Labor Statistics is set to release the August CPI data, which will be the final "inflation puzzle piece" available to the Federal Reserve before its interest rate decision next week. ② As widely discussed by market participants recently, this week's inflation report is crucial for determining the Federal Reserve's actions at next week's monetary policy meeting.
U.S. Treasury yields approach the 5% "psychological barrier"! The global bond market sell-off intensifies as financial markets await tonight's 8:30 PM CPI "final verdict"
A global bond sell-off has pushed the yield on 10-year U.S. Treasury notes toward the critical 5% level.
PPI data rattles Wall Street! Probability of a Fed rate hike in September rises to 70%
The latest data released by the U.S. Bureau of Labor Statistics on Thursday showed that rising energy prices last month have once again exerted inflationary pressure, which could increase the pressure on the Federal Reserve to raise interest rates at its meeting next week.
Will the Federal Reserve raise interest rates next week? Two major inflation reports released over the next two days will set the tone.
① The Federal Reserve is scheduled to hold its monetary policy meeting on September 15–16, with significant uncertainty remaining regarding the central bank's actions. ② Over the next two days, two critical inflation data releases will set the tone for whether the Federal Reserve raises interest rates next week. ③ The upcoming Producer Price Index (PPI) and Consumer Price Index (CPI) data should provide clearer insights into whether U.S. inflation is reaccelerating or moderating.
Express News | “I am the house now; if you want to bet against me, go ahead,” Bessent warned markets not to short the yen against him.
U.S. Treasury Secretary Bessent has challenged traders attempting to short the yen, stating that he effectively possesses "insider information" when assessing market conditions. Bessent remarked, "Whenever someone says, 'Oh, the Treasury Secretary is taking a risk by doing this,' I think that is precisely my dream, because I hold asymmetric information." A former hedge fund executive, Bessent recalled several instances of his market interventions, including the joint purchase of yen with the Japanese government on July 31. At that time, the yen strengthened significantly, but gradually gave back those gains over the following trading sessions, partly because traders pointed out that the U.S. Treasury's foreign exchange intervention funds are limited. Bessent stated, "I am now the house, so when we intervene in the yen market, I have a fairly good sense of what actions the Japanese government, the Bank of Japan, and Japanese policymakers will take. And if you wish, you are welcome to bet against me."
As expectations for Federal Reserve interest rate hikes intensify, UBS Group releases a 'buy and sell list': buy stocks on dips, while gold and other assets correct.
The probability of a Federal Reserve rate hike in September has risen to approximately 60%. UBS Group has released an investment strategy recommending that investors buy stocks on dips amid market volatility, capitalize on opportunities arising from rising medium- to long-term bond yields, and establish hedging positions when gold prices pull back.