- "Rupee lost all its sheen it had gained on Wednesday and fell to 84.48 before recovering as RBI sold dollars... but dollars were bought again on account of month-end demand and it (rupee) closed lower," said Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP.
- Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, rose to 2.3% YoY in October from 2.1% in September, the US Bureau of Economic Analysis (BEA) reported on Wednesday. This figure matched the expectation.
- The US core PCE Price Index, which excludes volatile food and energy prices, climbed 2.8% in the same period, compared to a 2.7% increase in September, in line with the market consensus. On a monthly basis, the core PCE Price Index increased 0.3% in October, as expected.
- The US economy grew at a 2.8% annual pace from July through September, the Commerce Department's Bureau of Economic Analysis reported in its second estimate of third-quarter Gross Domestic Product (GDP).
- Futures traders are now pricing in a 66.5% chance that the Fed will cut rates by a quarter point in December, up from 55.7% before the PCE data, according to the CME FedWatch Tool. However, they expect the Fed to leave rates unchanged at its January and March 2025 meetings.
风险提示：以上内容仅代表作者或嘉宾的观点，不代表 FOLLOWME 的任何观点及立场，且不代表 FOLLOWME 同意其说法或描述，也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为，除非另有明确的书面承诺文件，否则本社区不承担任何形式的责任。
FOLLOWME 交易社区网址: www.followme.ceo
喜欢的话，赞赏支持一下
