Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

U.S. Treasury Yields Rose Before Powell's Speech


August, 24 2018
watermark Economic news

The debt prices of the U.S. government dropped lower on Friday trading. The benchmark yield of the 10-year Treasury note increased higher by 2.832 percent at 4:45 ET and the 30-year Treasury bond was higher at 2.983 percent. Oppositely, the bond yields advanced inversely to prices.

Traders will be waiting for the speech of Federal Reserve Chair Jerome Powell at Jackson Hole Symposium in Wyoming by 10 a.m. ET on Friday. Top central banks are expected to discuss the future monetary policy decisions and the evolving market structure on a three-day meeting.

It is yet to be heard on Fed’s stand on the monetary policy measures amid the risks of domestic and global demand. The Fed minutes earlier this week showed the continuing concern on results of protectionism and tensions in the economy.

President Donald Trump has commented on the latest rate hike saying that more actions should be exercised to boost the economy.

Meanwhile, trade tensions between the U.S. and China continue, adding more pressure on global economic sentiment in the geopolitical news. The Thursday talk did not end yet with a deal which is already expected.

Data on durable goods orders result is expected at 8:30 a.m. ET.

コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.