June 2024

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Quick OverviewUS CPI data release and Federal Reserve’s monetary policy decisions, including the revised SEP, are approaching. Despite daily gains, the US Dollar struggles to maintain momentum; US Treasury’s 10-year bond yield dropped over 2%. AUD/USD shows upward momentum, while USD/JPY trades

Key PointsDow Jones, S&P 500, and Nasdaq 100 futures each saw a 0.1% rise as investors awaited the Fed’s rate decision and May’s inflation data. Oracle’s stock surged 9% on new cloud partnerships with Google and OpenAI, despite missing earnings expectations. Apple’s