Investors await U.S. ISM data for rate cut clues
Jinse Finance reported that due to the ongoing U.S. government shutdown, market trading remains subdued, and investors are awaiting the release of the U.S. September ISM Non-Manufacturing PMI data at 22:00 (GMT+8). XTB analyst Kathleen Brooks stated that weaker-than-expected data could increase expectations for further rate cuts by the Federal Reserve and lead to a decline in U.S. Treasury yields. However, strong data may provide some support for U.S. Treasury yields and the U.S. dollar, while putting pressure on the stock market. (Golden Ten Data)
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