EUR/USD
1.14771
-0.023%
Gold
3365.41
-0.681%
Oil
73.167
-0.712%
USD/JPY
145.139
-0.101%
GBP/USD
1.34134
-0.106%
GBP/JPY
194.686
-0.161%
Real-time News
Foreign holdings of U.S. Treasuries were near a record high in April.The United States net international capital inflow in April was -14.2 billion U.S. dollars, and the previous value was revised from 254.3 billion U.S. dollars to 253.1 billion U.S. dollars.Foreign investors net bought U.S. Treasuries of -40.8 billion U.S. dollars in April, compared with 123.3 billion U.S. dollars in the previous month.June 19th, analyst R.Burns Mckinney said that investors know that interest rates will not change, but they are paying attention to the Feds forecast of rate cuts from now to the end of the year. The previous dot plot predicted 2 rate cuts, and investors were worried that this forecast would be lowered to 1. However, the Fed maintained its expected rate cuts at 2 times, and in general, investors liked to see this. However, Powells comments also indicated that the FOMC raised its estimate of inflation at the end of the year and lowered its guidance for full-year GDP growth. Slower GDP growth may be the reason why the central bank maintained its previous expectations; however, investors are worried that a higher inflation outlook means fewer rate cuts in the future.IDF: Air Force strikes Iranian missile production sites.
