HomeEconomyis the terminal Economy is the terminal By farahat September 14, 2022 0 118 views Share FacebookTwitterPinterestWhatsApp AUD /USD -0.% Add to Watchlist/From Remove from watch list Add to watch list Add Location Job added successfully: Please name your portfolio type: purchase Sell date: quantity: price Point Value: Leverage: 1:1 1: 1: 1: 1: 1: 11 NZD/USD +0 .% Add to Watchlist/Remove from Watchlist Add to watch list Add location Job added successfully: Please name your holding portfolio type: purchase Sell date: quantity: price Point value: Leverage: 1:1 1: 1: 1: 1: 35 1: 01 1 : 11 1: 52 1: 50 Committee: 400 Create New Watchlist Create 801000 400 CREATE NEW HOLDING PORTFOLIO ADD CREATE 75 + Add another position to close (Reuters) – Jamie McGeever Looking to the future of the Asian market It’s almost as if nothing else matters now. U.S. Treasury bond yields and interest rate futures pricing of the Fed’s terminal rate dominate global markets, as well as data from Japan, Australia and A slew of key U.S. economic data on Thursday is unlikely to change that in Asia from South Korea. Wall Street failed to bounce back from the previous day’s crash on Wednesday, with global stocks falling for a second straight session as implied Interest rates and yields rose further. Ahead of the U.S. inflation data on Tuesday, the focus of the market debate is whether the Federal Reserve will raise interest rates next week or basis points. The question now is whether it will become 07 or25 basis point hike. Traders have pushed the terminal rate up to 4. % until next year 3 month and lift the 2-year yield above 3. 01%. Some forecasts now point to a final rate of 5% and 2-year yields above 4%. Is this a typical market overreaction, or are these realistic goals? If it is the latter, the risk of policy mistakes will certainly rise. Japan raised its intervention alert after the Bank of Japan checked market rates with banks on Wednesday, in what could be an outright buy day Prelude to Yuan. The yen rose, but the widening spread between U.S. and Japanese yields only supported the dollar. Trade data from Japan, South Korea and Indonesia can provide some of their currencies will fluctuate on Thursday, while employment and GDP data may be different from 10 Australia and Kiwi dollars, respectively. But it’s all about the U.S. 2-year yield and the Fed’s terminal rate. Major developments Thursday that should give the market more direction: Japan Import and Export Trade (August) Korea Trade (August) Australian Labour Market, Unemployment Rate (August) Indonesia Trade (August) New Zealand GDP ( Q2) 25 Share FacebookTwitterPinterestWhatsApp Previous articleZambian bondholders slam IMF debt relief target as 'arbitrary'Next articleSilva watches boxing, but won't fight 'old man' like Belfort farahat RELATED ARTICLES Economy Federal Reserve Officials Hint at Prolonged Borrowing Costs to Control Inflation September 22, 2023 Economy Colombia central bank seen holding benchmark rate at 13.25% in next meeting: Reuters poll September 22, 2023 Economy Citi warns UK staff of cuts as hundreds of roles could be affected – memo September 22, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS The Eminence in Shadow 2nd Season Anime Gets Same-Day English Dub September 22, 2023 Federal Reserve Officials Hint at Prolonged Borrowing Costs to Control Inflation September 22, 2023 Angelica Ross Spills All on Emma Roberts, Ryan Murphy and Hollywood Future: “This Is Not My First Time at the Rodeo” September 22, 2023 Colville Spring 2024 Ready-to-Wear September 22, 2023 Load more Featured NEWS Fed unlikely to raise rates in November, says Goldman Sachs September 17, 2023 Anime Expo Screens The Eminence in Shadow Season 2 Anime World Premiere June 6, 2023 Major economic indicators fall for 15 straight months, pointing to looming recession July 20, 2023 Institutional Crypto Predictions For 2023: Ethereum, BTC, L2s, NFTs December 27, 2022 Load more
