Brown Brothers Harriman Bank strategists Win Thin and Elias Haddad said in a report that the strong fundamentals of the US economy continue to drive US Treasury yields and the US dollar higher. The US ADP and GDP data released on Wednesday showed that the US labor market remains strong and consumer spending remains robust. Today's batch of data should reinforce this information, with the Fed-favored inflation indicator PCE and weekly initial jobless claims numbers to be released later.
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Kurum: Güçlü ABD ekonomik verileri ABD tahvil getirisini yükseltmeye devam edecek, dolar güçlenecek
Brown Brothers Harriman Bank strategists Win Thin and Elias Haddad said in a report that the strong fundamentals of the US economy continue to drive US Treasury yields and the US dollar higher. The US ADP and GDP data released on Wednesday showed that the US labor market remains strong and consumer spending remains robust. Today's batch of data should reinforce this information, with the Fed-favored inflation indicator PCE and weekly initial jobless claims numbers to be released later.