Key Market Numbers
Market Pulse
U.S. flash manufacturing PMI: 51.2 vs 50.8 expected — beat
Fed’s Williams: “Policy path depends on incoming data”
U.S. new home sales: 0.69M vs 0.66M expected — beat
Forward Look
Markets remain cautious ahead of the Fed’s next policy meeting. Traders are pricing in a modest chance of a rate cut by year-end, contingent on inflation data continuing to cool. Watch existing home sales data later this week for signals on the housing market recovery.
Market data sourced from major financial terminals. Not financial advice.
