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Key points of this week's Federal Reserve decision: How far away is the next interest rate cut?
At the Federal Reserve's March meeting, where it is almost certain that there will be no changes, investors may carefully look for a clue: how far is the Federal Reserve from the next interest rate cut? Currently, traders in the interest rate derivatives market expect that the Federal Reserve is likely to cut rates a total of three times this year, with the first cut starting in June.
Despite the pressure from weak retail, U.S. stock indices rebounded over two days, but Tesla and NVIDIA declined. Quantum computing stocks continued to rise sharply, and Chinese concept stocks strengthened, with Baidu up 9%.
Tesla closed down nearly 5%, NVIDIA fell nearly 2%; Intel rose nearly 7%; quantum computing stock ARQQ rose 57%; the China Concept Index rose 4%, and Alibaba increased by over 4%. After U.S. retail sales, the two-year U.S. Treasury yield reached a two-week high. The USD briefly approached a five-month low. Crude Oil Product rebounded over two days. Gold futures reached a historic high over three days, having briefly turned to decline during the session.
U.S. Stocks Extend Friday's Rebound -- Market Talk
February Retail Sales Rebound Less Than Expected: Online, Healthcare Spending Show Strong Gains
Express News | US Retail Sales (MoM) (Feb) 0.2% Vs 0.6% Est.; -1.2% Prior(Previous revised from -0.9%)
US Morning News Call | US Retail Sales Set to Rebound 0.7% in February
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