As mentioned here, it's a case of US data concerns starting to creep up on markets again. And it's a fine balance now in trying to manage that and any hopeful optimism of Fed easing helping to alleviate the slowing economy.
At this stage, I fear that we'll be in for a rough surprise in terms of US labour market data in Q3. And considering how markets have kept up the narrative of "the economy is booming" to drive the rally in 1H 2025, this might be what triggers a pullback for the months ahead. That especially if the Fed isn't going to rush to cut rates by 50 bps and seeing what is priced in now.
All eyes will be on next week's CPI report and that might be telling of what we could potentially see in the months ahead as well. That especially when you see how tariffs have already impacted Main Street here and also prices data when it comes to the latest PMI reports. Someone has to be paying the costs and if it's not businesses, it will have to be consumers eventually.
This market has largely been driven by the AI boom. And this quarter is going to be a real test to see how the Magnificent 7 is going to hold up this house of cards.
This article was written by Justin Low at investinglive.com.Hence then, the article about equities give back some of the early gains as investors digest us data tariffs was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Equities give back some of the early gains as investors digest US data, tariffs )
Also on site :
- Disgraced former Centinela Valley schools Superintendent Jose Fernandez dies
- Outsiders see a circular economy. CoreWeave’s CEO sees a ‘violent change’ rattling the supply chain down to the inside of the earth
- As millions of Gen Zers face unemployment, CEOs of Amazon, Walmart, and McDonald’s say opportunity is still there—if you have the right mindset