"The market is currently pricing in a moderate FOMC rate cut outside of a recession. We, along with the majority of US economists, do not expect the US economy to fall into a recession."
Global stocks rose for a fifth straight day, posting a 0.2% gain. This was helped by gains in European stocks, where the STOXX 600 index rose 0.4%, heading for a 2.6% weekly gain and its biggest one-month gain.
Global stocks rose for a fifth straight day, posting a 0.2% gain. This was helped by gains in European stocks, where the STOXX 600 index rose 0.4%, heading for a 2.6% weekly gain and its biggest one-month gain.
Note
BUY XAU 2585 Tp1: 2593
TP2: 2600
SL; 2578
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.