Monthly Archives: June 2024
41654156156Soft PCE Boost Equity Market
Written on June 3, 2024 at 5:35 am, by 王建军
* Soft PCE reading hammered the dollar’s strength and improved stock market performance. * Eye on today’s U.K. and U.S. PMI readings. * Oil prices are expected to be hindered by the outcome of the OPEC meeting. Market Summary The highly anticipated U.S. PCE, the Fed’s preferred inflation gauge, met market expectations when released lastContinue Reading