Jerome Powell's Speech Anticipated at Jackson Hole
Jerome Powell's Speech Anticipated at Jackson Hole

Jerome Powell's Speech Anticipated at Jackson Hole

News summary

As the Paris Bourse prepares for Federal Reserve Chairman Jerome Powell's anticipated speech at Jackson Hole, trading activity remains cautious with the CAC 40 index hovering around 7500 points. Analysts are closely monitoring Powell's remarks for insights on future monetary easing, especially given mixed economic indicators that suggest a potential recession. In recent trading sessions, U.S. Treasury yields have risen, indicating market uncertainty, while the CAC has rebounded nearly 5% since hitting its annual low earlier this month. Market sentiment is mixed as investors await key economic data, including flash PMI indices, which could signal a slowdown in business growth. Meanwhile, the trading firm Ira Epstein & Company continues to emphasize technology and education in trading, reflecting the evolution of the industry since its founding in 1984. Overall, the market's trajectory seems bullish but is tempered by economic uncertainties ahead.

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