The Fed still maintains its hawkish view of "one more rate hike", but last Friday's data showed that the Fed's expectation of stopping rate hikes has increased
1. After the release of non-agricultural data last Friday, some traders increased their expectations for the Fed to stop raising interest rates.
Affected by the above news, the US dollar index fell and Asian stock markets rose across the board. However, financial market concerns remain:
2. Although the U.S. dollar index is falling, the 10-year U.S. bond yield is still rising, approaching the 4.2% level. This shows that the dollar's decline is more due to China's stimulus policy, which has boosted risk appetite in global markets, rather than speculation about the Fed's pause in raising interest rates.
3. The U.S. financial market is closed on Monday due to a holiday. The volatility of global mainstream markets such as gold and foreign exchange may only be half or 1/3 of the past.
4. A number of Fed officials will give speeches this week and will enter a period of silence next week. This will be their last speech before the September 21 meeting and is expected to reshape market expectations as much as possible. The Fed still maintains its hawkish view of "one more rate hike".
1. After the release of non-agricultural data last Friday, some traders increased their expectations for the Fed to stop raising interest rates.
Affected by the above news, the US dollar index fell and Asian stock markets rose across the board. However, financial market concerns remain:
2. Although the U.S. dollar index is falling, the 10-year U.S. bond yield is still rising, approaching the 4.2% level. This shows that the dollar's decline is more due to China's stimulus policy, which has boosted risk appetite in global markets, rather than speculation about the Fed's pause in raising interest rates.
3. The U.S. financial market is closed on Monday due to a holiday. The volatility of global mainstream markets such as gold and foreign exchange may only be half or 1/3 of the past.
4. A number of Fed officials will give speeches this week and will enter a period of silence next week. This will be their last speech before the September 21 meeting and is expected to reshape market expectations as much as possible. The Fed still maintains its hawkish view of "one more rate hike".