- US markets are closed on Monday in observance of Labor Day.
- China has warned Japan over economic retaliation over potential chip curbs, according to Bloomberg.
- On Saturday, the release of China’s Purchasing Managers Index numbers for August signaled that the contraction in the country’s manufacturing sector persists. The PMI came in at 49.1, lower than the 49.4 seen a month earlier.
- Equities are struggling across the board, with minor losses for all European indices and US futures on the back foot as well.
- The CME Fedwatch Tool shows a 69.0% chance of a 25 basis points (bps) interest rate cut by the Fed in September against a 31.0% chance for a 50 bps cut. Another 25 bps cut (if September is a 25 bps cut) is expected in November by 48.9%, while there is a 42.0% chance that rates will be 75 bps (25 bps 50 bps) below the current levels and a 9.1% probability of rates being 100 (25 bps 75 bps) basis points lower.
- The US 10-year benchmark rate trades at 3.90% and will not move as bond trading in the US is closed on Monday.
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()