PU Prime App

Exclusive deals on mobile

글로벌 시장을 한 손으로 거래하세요

우리의 거래 모바일 앱은 대부분의 모바일 기기와 호환됩니다. 지금 앱을 다운로드하고 언제 어디서나 인터넷이 있는 환경이라면 PU Prime과 거래를 시작하실 수 있습니다.

  • Market Insights  >  Weekly Outlook

5 June 2023,08:37

Weekly Outlook

US Federal Reserve Signals June Hike Skip

5 June 2023, 08:37

Share on:
Share on:

Focus has shifted from the US debt ceiling back to macro data and the Fed’s benchmark interest rate

The dollar experienced its largest daily decline in almost a month as U.S. manufacturing data and statements from Federal Reserve officials reinforced expectations of a potential interest rate hike delay. Meanwhile, the euro rebounded from a two-month low after European Central Bank (ECB) President Christine Lagarde emphasised the need for further policy tightening. The dollar index dropped 0.547% to 103.580, down from a two-month high of 104.7. Fed officials hinted at a possible rate hike delay at their upcoming meeting to evaluate the impact of previous tightening measures. Market indicators suggested a 32% probability of a 25 basis point rate increase in June. Philadelphia Federal Reserve President Patrick Harker recommended against raising rates despite slow inflation reduction. U.S. private payrolls data indicated job growth surpassing expectations, potentially influencing the Fed to maintain elevated rates. The U.S. manufacturing sector contracted for the seventh consecutive month, but employment reached a nine-month high. The euro rose 0.64% to $1.0757, driven by reduced inflationary pressures. The ECB was expected to implement two rate hikes in June and July. The pound and Australian dollar also gained against the dollar.

Senate Passes Bill To Raise Debt Ceiling, Averting Default Risk

The Senate has passed a bill to raise the debt ceiling and cap government spending for two years, sending it to President Joe Biden for signing. This comes just three days before the risk of the U.S. facing its first-ever sovereign debt default. The bipartisan agreement received support from both Democrats and Republicans, surpassing the 60-vote threshold in the Senate. The swift action was driven by the approaching June 5 deadline set by the Treasury Department. Treasury Secretary Janet Yellen praised the bill, emphasising its importance in protecting the United States’ financial leadership. The bill resulted from a compromise deal negotiated by House Speaker Kevin McCarthy and President Biden, providing conservatives with ideological victories in exchange for their votes. The focus now shifts to appropriations and determining how the capped funds will be allocated in the upcoming year.

Asian Equities Rise On China Tech Gains And Fed Rate Hike Pause Expectations

Asian stocks rallied on Friday, with Hong Kong-listed technology companies leading the gains. Traders were optimistic as they anticipated the Federal Reserve to pause interest rate hikes in June. Japan, Australia, and mainland China also saw positive moves in their respective stock markets, while US futures showed a slight increase. The tech sector’s strong performance on Wall Street, combined with news of Congress passing legislation to prevent a US default, contributed to the upbeat sentiment. Despite concerns about Chinese growth, Hong Kong’s Hang Seng index rebounded over 3%. South Korea’s Kospi index approached bull market territory, and India’s Sensex neared an all-time high. The dollar weakened, and traders were focused on the monthly US jobs report for insights into the Fed’s tightening policy.

엣지 있게 거래 시작하기

업계 최저 스프레드와 초고속 실행으로 FX, 지수, 귀금속 등을 거래하실 수 있습니다!

  • 당사의 스탠다드 계좌는 최소 $50달러로 거래를 시작할 수 있습니다.
  • 24시간 연중무휴 고객지원
  • 수백 개의 거래 도구, 무료 교육 도구 및 최고의 프로모션을 누릴 수 있습니다.
지금 가입하기

Latest Posts

쉽고 빠른 계좌 개설

  • 1


    몇 가지 간단한 과정으로 PU Prime의 실거래 계좌를 개설하세요

  • 2


    다양한 입출금 수단과 수용되는 통화로 손 쉽게 계좌에 예치할 수 있습니다

  • 3


    업계 최고의 거래 환경과 조건에서 수백 개의 상품을 거래하세요

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!