- Institute for Supply Management (ISM) report shows business activity for March improved for the first time since September 2022, indicating a robust economy.
- Manufacturing Purchasing Managers Index (PMI) hit 50.3 in March, surpassing projected figures of 48.4 and appreciably exceeding February's reading of 47.8.
- ISM report's Prices Paid Index rose to its highest level of 55.8 YoY since 52.5 in August 2022.
- An improving economy might discourage the Fed from relaxing its monetary policy.
- As a reaction to ongoing US economic resilience, the odds for a rate cut in June's meeting dropped from 85% to around 65%.
- In the bond market, US Treasury bond yields surged. The 2-year yield is at 4.71%, the 5-year yield at 4.33%, and the 10-year yield at 4.33%, all showing sharp increases and reflecting a boost in hawkish bets.
- Pertinent US labor market data such as Average Hourly Earnings, Nonfarm Payrolls, and the Unemployment Rate will provide a vital understanding of the health and trends of the country's workforce.
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.
