Today’s Market Outlook Dollar Selling Dominates as Middle East Risks Ease, but Equity-Market Volatility Remains a Concern
Today’s Market Outlook Dollar Selling Dominates as Middle East Risks Ease, but Equity-Market Volatility Remains a Concern ■ Market Overview The new trading week has begun with the U.S. dollar under selling pressure as tensions in the Middle East show signs of easing. Over the weekend, both the United States and Iran confirmed that attacks […]
The previous day’s weak US economic indicators did not change the US’ aggressive attitude toward interest rate hikes, and today US orders for durable goods
The US PMI preliminary figures for August announced the day before showed a particularly sharp decline in the non-manufacturing sector. At 44.1, it was the second lowest since the pandemic hit in the first half of 2020. In addition, the number of newly built homes sold in the US in July decreased by 12.6% from […]