30th August 2024

  • Treasuries Head for Longest Monthly Winning Streak Since 2021

US government bonds poised to complete fourth monthly gain

Inflation and labor market data are key to the winning streak

https://blinks.bloomberg.com/news/stories/SJ0CVQDWRGG0

  • Dollar Eyes 2024’s Biggest Monthly Loss as Fed Signals Cut (1)

All G-10 currencies surged against US currency in August

Looming Fed interest-rate cuts added pressure on greenback

https://blinks.bloomberg.com/news/stories/SIZMGEDWX2PS

  • US Economy Expands at Revised 3% Rate on Resilient Consumer

2Q GDP growth revised up from prior estimate of 2.8%

Stronger consumer spending more than offset other categories

https://blinks.bloomberg.com/news/stories/SIZD97DWX2PS

  • US Pending Home Sales Gauge Drops to Lowest on Record

Index of contract signings decreased 5.5% to 70.2 in July

Falling mortgage rates should spur more sales, NAR said

https://blinks.bloomberg.com/news/stories/SIZH2YDWRGG0

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