Financial Times important parts collected till now:
US stocks slip after Fed chair dims hopes for interest rate cuts
US stocks closed lower on Wednesday, falling after Federal Reserve chair Jay Powell cautioned that the central bank might not begin cutting interest rates soon.
The Fed on Wednesday raised its benchmark interest rate by a quarter of a percentage point to a range of 5-5.25 per cent — its tenth straight increase since early 2022 — but stressed in a statement that any further increases would be dependent on economic developments
Wednesday’s increase was widely expected, but markets have been pricing in several cuts by the end of the year as the Fed tries to balance stubborn inflation with growing fallout in the financial sector.
The Fed’s latest statement removed previous guidance that had said additional monetary tightening “may be appropriate”.
Stocks struggled for direction during the press conference, but the broad S&P 500 stock index eventually closed 0.7 per cent lower for the day. The Nasdaq Composite — which is dominated by growth stocks that are particularly sensitive to rate expectations — fell 0.5 per cent.
The yield on the benchmark 10-year Treasury note, which falls when prices rise, dipped 0.09 percentage points to 3.35 per cent. The yield on the more policy-sensitive two-year note fell 0.12 percentage points to 3.86 per cent.
Regional bank PacWest dipped 2 per cent after a 28 per cent plunge in the previous session, while Western Alliance fell 4.4 per cent.

Conclusion:
Us 30 has been falling but we won’t be taking more sell positions since it became dangerous and we will be searching for data to back up our trades. I will take till Monday off since us30 will be harder.
Though I won’t trade Friday most likely but I will still write a small report on it.
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