RobotFX delivers curated forex news to keep you informed on key market events.
The yield on the US 10-year Treasury note edged up to 4.32% in a shortened session on Friday, remaining close to the two-week lows hit earlier in the week. Investors continued to weigh developments in the Middle East and their potential implications for the economy and monetary policy, while awaiting the latest US jobs report.
US President Donald Trump escalated his rhetoric against Iran, threatening to strike key infrastructure, including bridges and power plants, while Iran reportedly targeted additional sites in Arab Gulf states. Persistently elevated energy prices are stoking fears of a renewed inflationary spiral, which could push the Federal Reserve toward a more hawkish policy stance.
Futures markets currently anticipate that the Federal Reserve will keep the federal funds rate unchanged for the remainder of the year. Trading volumes are expected to stay subdued due to the Good Friday holiday, with US equity markets closed and bond markets operating on a shortened schedule.
Unique stair-step trend trading with the Stairsteps Expert Advisor. Innovative approach for consistent results. Learn more.
The material has been provided by - RobotFX.Org
Pair this news with automation – explore RobotFX MT4/MT5 solutions today.
Download NOW!
No comments:
Post a Comment