- Canadian Building Permits declined again in June, printing at -13.9% MoM and adding to the previous month’s revised -12.7% contraction. Market impact is overall limited from low-tier housing data two months behind the curve, and CAD flows remain crimped.
- Fed one-year inflation expectations ticked lower on Monday, falling to 2.97% versus the previous 3.02%.
- Rate markets have eased back on bets of a double-cut in September, according to the CME’s FedWatch Tool. Rate traders now see less than 50% odds of a 50-bps cut on September 18, down from last week’s 70% odds.
- Despite the chill in bets for a double-cut, rate markets are still pricing in 100% odds of at least a 25-bps cut from the Fed in September.
- Key US inflation data in the midweek could throw a spanner in the works if price pressures bubble over again.
- US Producer Price Index (PPI) inflation due on Tuesday, US Consumer Price Index (CPI) inflation slated for Wednesday. Both metrics are expected to tick lower.
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.asia
喜欢的话，赞赏支持一下
加载失败()