Mounting Pressure on the Fed
As political pressure around the Federal Reserve Chair increases, financial markets are awaiting tomorrow’s PCE inflation data to determine whether there will be any acceleration on the U.S. monetary policy front. Meanwhile, both equities and bonds continue to rise, although European indices remain lagging.
Few changes are observed in our intermarket dashboards. The risk-on phase is confirmed, with the positive correlation between equities and bonds strengthening.
On the macroeconomic front, markets are awaiting data on consumer confidence in Germany and durable goods orders in the United States. Also of interest are the June reading of the CFNAI, jobless claims figures, and the final Q1 GDP reading in the U.S.
Our forecasting analysis continues to show positive signals for U.S. equities, while European indices remain weak. In the commodities space, silver and copper are showing positive signals, while the outlook for gold remains uncertain. The dollar continues to weaken, while the euro and Swiss franc are seen as gaining ground. Yields and volatility are declining.
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NOTES AND WARNINGS
Data compiled by kbmeter.com. Analysis date: 26 June 2025 - 7:04 AM GMT+1
This content is provided for informational purposes only and should not be considered financial advice. All scores and assessments are based on the previous trading day’s closing prices. Futures indications refer to the date and time of the analysis.
