Hong Kong Stock Concept Tracking | Economists expect the Federal Reserve to signal a rate cut in September, resource stocks sector expected to stabilize (with concept stocks)

Zhitong
2024.07.29 01:09
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The Federal Reserve may signal a rate cut in September this week, with the resources sector expected to stabilize. According to media surveys, the Federal Reserve is likely to lay the groundwork for a 25 basis point rate cut at the July 30-31 meeting for the next meeting in September. Investors anticipate that the Federal Reserve will signal an imminent rate cut in its policy statement and press conference. Minsheng Securities released a research report stating that the global risk assets have fallen, further strengthening concerns about physical demand. The previous significant adjustment in the resources sector increases the probability of stabilization in the future. Keep an eye on the Federal Reserve interest rate decision, changes in the U.S. election situation, and opportunities for a counterattack brought by the political meeting