EURUSD View! Stocks, dollar gain after US retail sales data
S&P 500 up in early trading
Treasury yields slip
Oil prices fall
World stock indexes mostly rose and the U.S. dollar strengthened on Tuesday after solid U.S. retail sales signalled resilience in the economy.
Data released on Tuesday showed retail sales unchanged in June from a May reading that was higher than initially estimated.
Markets were still fully pricing in a rate cut of at least 25 basis points (bps) by the Fed at its September meeting, according to CME's FedWatch Tool.
The MSCI All-World index EURONEXT:IACWI rose 1.12 points, or 0.14%, to 829.85.
Treasury yields slip
Oil prices fall
World stock indexes mostly rose and the U.S. dollar strengthened on Tuesday after solid U.S. retail sales signalled resilience in the economy.
Data released on Tuesday showed retail sales unchanged in June from a May reading that was higher than initially estimated.
Markets were still fully pricing in a rate cut of at least 25 basis points (bps) by the Fed at its September meeting, according to CME's FedWatch Tool.
The MSCI All-World index EURONEXT:IACWI rose 1.12 points, or 0.14%, to 829.85.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.