In the US financial market on the morning of the 10th, stock index futures rose after July’s consumer price index (CPI) statistics were released, while government bond yields fell. The US Federal Open Market Committee (FOMC) meeting in September is expected to keep interest rates unchanged.
Futures tracking the S&P 500 Index rose 0.7%. Yields on two-year bonds, which are sensitive to the outlook for monetary policy, fell five basis points to 4.75%. Immediately after the release of the statistics, the yen temporarily rose 0.3% against the dollar to 143.30 yen, but has since fallen.
Original title:Stock Futures Rise, Bond Yields Fall After CPI: Markets Wrap (excerpt)
2023-08-10 12:53:40
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