DXY & Forex

According to CME Fed Watch data on September 1, the Federal Reserve has a 67.9% probability of raising interest rates by 25 basis points in September, while the probability of holding rates unchanged stands at 32.1%.

Germany's 2-year and 10-year bond yields climbed on August 31, with the 2-year rate rising 3.2 basis points to 2.937% and approaching its June 2024 peak of 2.996%. Over August, the 2-year yield gained 11.6 basis points, while the 10-year rate added 11.8 basis points to 3.324%. Across the eurozone,

According to Yonhap News, Federal Reserve Chair Kevin Walsh described the current era as an age of "secular growth" and "global investment surge" on August 31 during a G20 finance ministers and central bank governors meeting in Asheville, North Carolina. Walsh noted that "secular stagnation" is

According to Yonhapinfomax, on August 31 (U.S. Eastern Time), the U.S. Treasury market exhibited mixed performance as short-term yields declined and long-term yields rose. The 10-year Treasury yield rose

According to Wall Street Journal reporter Nick Timiraos, following Fed Chair Powell's speech at Jackson Hole last week, the Federal Reserve's decision-making logic for September rate policy has shifted. Rather than justifying why to raise rates, the Fed may now need to see sufficiently weak

According to Seoul Foreign Exchange Broker and Chosun Ilbo, on August 31, the Korean won strengthened against the Japanese yen to 859.3 won per 100 yen, marking its strongest level in approximately 25 months. The won-to-dollar rate also reached 1,368.6 won per dollar, the lowest in about 13 months.

South Africa's FTSE/JSE Africa Top 40 index fell 1.73% on Monday (Aug 31), breaking below the 109,000-point level. The benchmark is up 5.33% for the month. Spot gold gained 9.30% in August. The South African rand strengthened 2.47% against the U.S.

On August 28, Federal Reserve Chair Kevin Wash delivered his first Jackson Hole speech, stating that price stability should be the Fed's top priority and that inflation's underlying trend has not improved meaningfully. The market interpreted the remarks as hawkish, triggering a sharp sell-off

According to Jin10 Data, on August 31, Treasury Secretary Bessent stated that the government cannot change bond equilibrium prices and the 10-year Treasury yield has remained largely flat since President Trump took office. Bessent emphasized he never attempted to influence bond market trends and

According to BlockBeats, U.S. Treasury Secretary Bessent stated on August 31 that the government traditionally does not raise interest rates when facing supply shocks.

According to U.S. Treasury Secretary Bessent on August 31, he expressed confidence in Japan and stated that the Bank of Japan will take measures to support yen appreciation.

According to PANews, on August 31, U.S. Treasury Secretary Bessent stated that he has not purchased any bonds regarding the bond market.

U.S. Treasury Secretary Bessent and Federal Reserve Chair Powell share the same stance on bonds. The U.S. bond market posted its best performance for August this month.

Brazil's Planning Minister Moraiti projects the country will achieve approximately 19 billion reais in primary fiscal surplus by 2027, while the growth rate of mandatory expenditures will slow significantly, according to his

According to Federal Reserve Bank of New York data, the secured overnight financing rate (SOFR) reached 3.65% on August 28, up 1 basis point from 3.64% the previous trading day. The effective federal funds rate remained steady at 3.63%.