26th July 2023

  • Fed to Hike to 22-Year Peak and Mull Options: Decision-Day Guide

July FOMC statement guidance is likely to be same as June’s

Powell’s press conference will provide clues on another hike

https://blinks.bloomberg.com/news/stories/RY5UD7DWLU68

  • IMF Lifts World GDP Outlook on US Stability But Risks Linger

GDP this year seen expanding 3%, from 2.8% forecast in April

High rates, persistent inflation, sluggish China among dangers

https://blinks.bloomberg.com/news/stories/RYCWZ4T1UM0W

  • US Consumer Confidence Rises to a Two-Year High on Job Market

Conference Board’s index rose almost 7 points to 117 in July

Present and expected conditions measures both improved

https://blinks.bloomberg.com/news/stories/RYCVXET0G1KW

  • Oil Gives Ground After Four-Day Climb With Fed Decision in Focus

API offers mixed picture of stockpiles before official figures

WTI falls toward $79 a barrel after highest close since April

https://blinks.bloomberg.com/news/stories/RYE2WET0G1KW

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