This article was published on April 3rd, 2024.

he US ISM non-manufacturing PMI will be announced at 22:00 Beijing time. It is expected to rise slightly in March compared to February. Federal Reserve Chairman Powell will deliver a speech at 00:10 Beijing time on the 4th. DHF Capital S.A. CEO and asset manager Bas Kooijman said Powell recently hinted that interest rate cuts would be postponed, and market participants expected him to remain cautious. Powell is expected to weigh the prospects for future interest rate adjustments with the current state of the economy. This situation may support the strengthening of the US dollar.

Source: Futubull