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UBS: Next week's data performance is expected to raise the probability of the Federal Reserve cutting interest rates before the end of the year
Strategists at UBS Global Wealth Management said in a note that the dollar is likely to weaken as US data next week is expected to show weakness. Key data include retail sales, consumer confidence and existing home signings on Tuesday, followed by durable goods orders, weekly jobless claims and new home sales on Wednesday. Strategists pointed out that the data will affect market expectations for economic growth, inflation and Federal Reserve policy. "We still expect the upcoming data to be soft ...
2025-11-21 14:42:55
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