Reported about 2 months ago
Ahead of Jerome Powell's anticipated speech at the Jackson Hole symposium, US equity futures experienced slight gains, with traders speculating on potential interest rate cuts. While the S&P 500 futures rose by 0.3%, concerns lingered over whether Powell would temper market expectations. Economic indicators showed mixed results, including a gradual cooling in the job market. The Japanese yen strengthened in response to the Bank of Japan's hawkish signals, while the dollar softened.
Source: YAHOO