U.S. ISM non-manufacturing PMI expected to rise slightly, Powell to speak
According to Jinshi, the U.S. ISM non-manufacturing PMI will be released at 22:00 Beijing time, and is expected to rise slightly in March from February. Federal Reserve Chairman Powell will deliver a speech at 00:10 Beijing time on the 4th. Bas Kooijman, CEO and asset manager at DHF Capital S.A., said Powell had recently signaled he would delay a rate cut and market participants expected him to remain cautious. Powell is expected to weigh the prospect of future rate adjustments against current economic conditions, a situation that could support a stronger dollar.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Opus Genetics posts OPGx-BEST1 Phase 1/2 low-dose cohort presentation update
Erdene Resource Enters Into Automatic Securities Purchase Plan
Corinth flags resilient markets but elevated geopolitical risk in September update
Voyageur Pharma proves Mueller iodine extraction process, hits 99.8% purity in lab tests
Crypto prices
More
