It's not exactly dovish, but for several reasons, the markets have started to price in the first rate cut in September. This is optimism for now, but I'm skeptical about it, it can dissipate very quickly. Let's say they've found a reason to probe the bears' stop-losses. Bears, be careful, now they've decided to come after you... Now the likelihood of going back above 60 is high.
TRADERS PRICE IN SEPTEMBER AS LIKELY TIMING FOR FIRST FED RATE CUT
It's not exactly dovish, but for several reasons, the markets have started to price in the first rate cut in September. This is optimism for now, but I'm skeptical about it, it can dissipate very quickly. Let's say they've found a reason to probe the bears' stop-losses. Bears, be careful, now they've decided to come after you... Now the likelihood of going back above 60 is high.
TRADERS PRICE IN SEPTEMBER AS LIKELY TIMING FOR FIRST FED RATE CUT
BY The Wolf Of Few Streets
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The campaign, which security firm Check Point has named Rampant Kitten, comprises two main components, one for Windows and the other for Android. Rampant Kitten’s objective is to steal Telegram messages, passwords, and two-factor authentication codes sent by SMS and then also take screenshots and record sounds within earshot of an infected phone, the researchers said in a post published on Friday.
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had added more than a dozen points or 0.4 percent. The Straits Times Index now sits just above the 3,060-point plateau and it's likely to see a narrow trading range on Monday.
