EBC Daily Snapshot Jul 30, 2024

The dollar stayed range-bound Tuesday. Traders expect the Fed to hold steady, start easing in September, and cut rates by 65 bps this year.

EBC Financial Group
Typ: STP, ECN
Vorschrift: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Risk markets struggle on lack of bullish catalysts

Risk markets struggle on lack of bullish catalysts

US equities seek direction amidst mixed newsflow; Hawkish Fedspeak, light data calendar and the US shutdown dent risk appetite; Cryptos under heavy pressure; gold struggles to rally above $4,000; Pound gains despite dovish BoE but outlook remains clouded;
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