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Powell signals it’s time to cut; dollar sinks but risk rally muted

Powell says the time has come for rate cuts, pushing yields and dollarlower. But cautious rally in stocks as Nvidia earnings, inflation dataawaited. Oil jumps amid fresh escalation between Israel and Hezbollah.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclos...

Broadcast on:
26 Aug 2024

Powell says the time has come for rate cuts, pushing yields and dollar
lower. But cautious rally in stocks as Nvidia earnings, inflation data
awaited. Oil jumps amid fresh escalation between Israel and Hezbollah.

Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

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