- The Swiss National Bank (SNB) has cut its interest rate by 25 basis points from 1.75% to 1.50%. The Norwegian Norges Bank kept rates unchanged at 4.50%.The Bank of England is keeping its policy rate unchanged as well, seeing it too early to cut just yet.
- Thursday’s US economic data releases start at 12:30 GMT with a mixture of data:
- Current Account data for Q4 is seen heading from a $200.3 billion deficit to $209.0 billion.
- The Philadelphia Fed Manufacturing Survey for March is expected to head from 5.2 to a contraction at -2.3.
- Initial Jobless Claims for this week are expected to climb from 209,000 to 215,000.
- Continuing Jobless Claims were last week at 1.811 million.
- S&P Global will release its preliminary Purchasing Managers Survey for March at 13:45 GMT:
- The Services PMI is expected to head from 52.3 to 52.
- The Manufacturing PMI should be heading from 52.2 to 51.7.
- The Composite PMI was at 52.5 in February, with no forecast pencilled in.
- At 14:00 GMT, Existing Home Sales data will come in, with a small retreat from 4 million to 3.94 million expected.
- Federal Reserve's Vice Chair for Supervision Michael Barr will speak around 16:00 GMT.
- Equities are holding on to overnight gains and are advancing further. Japan and China saw all their major indices close off with more than 1.5% gains. European equities are steady just below 1% and US equity futures are seeing the Nasdaq leading the charge by soaring near 1% ahead of the US opening bell.
- According to the CME Group’s FedWatch Tool, expectations for the Fed’s May 1 meeting are 91.5% keeping the rate unchanged, while chances of a rate cut are at 7.5%.
- The benchmark 10-year US Treasury Note trades around 4.23%, the lower end of this week.
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
이 글이 마음에 드시나요? 작성자에게 팁을 보내 감사의 마음을 전하세요.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.