โ—ป๏ธ Good day, here are the latest developments:

๐Ÿ”˜ Bowman, a member of the Federal Reserve, confirms that she does not expect a rate cut this year.

๐Ÿ”˜ Bowman stated that she would support raising interest rates again if inflation rises.

๐Ÿ”˜ These statements are favorable for the US dollar and against metals and stock indices.

๐Ÿ”˜This week, there will be a debate between Trump and Biden, and things may tilt in favor of Trump.

๐Ÿ”˜ Bank of America says the Federal Reserve might cut interest rates in December at the end of 2024.

๐Ÿ”˜ This timing is much further out than market expectations and is favorable for the dollar in the long term.

๐Ÿ”˜Today, the markets are anticipating the US existing home sales report at 14:00 GMT.

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