EUR/USD Correction Up

6月28日

#market_pulse

☕️ Friday Bid: Global stocks poised for strong half-year end, yen intervention expected, US inflation data eyed.


🌐 A look at the day ahead in European and global markets:

▫️Global stocks near record highs as investors await key US inflation data for clues on Fed rate cuts.
▫️Yen hits 38-year low, fueling expectations of Japanese intervention.
▫️Oil heads for a third straight weekly gain.
▫️S&P 500 up nearly 15% over past six months, driven by AI boom.
▫️French parliamentary elections raise risk premium on French bonds, euro faces biggest monthly fall since January.


📊 Key Developments for Today:

Federal Reserve's PCE inflation data at 1230 GMT.
US first-quarter GDP estimates.
MSCI All Country Stock Index near lifetime high.
STOXX index gains, driven by tech majors and AI boom.
Asian markets on winning streak, Chinese and Hong Kong indices rise.
Dollar eyes monthly gain, yen remains weak, prompting possible intervention from Tokyo.
Japan appoints new top currency diplomat amid yen's decline.
Gold firms slightly at $2,328 an ounce.
Brent crude futures rise to $86.75, WTI futures to $82.23.
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