KN Market View 2024-09-01

#KNMarketView

Main Topics

Key Events - The Eurozone's annual inflation rate decreased to 2.2%. The United States will announce their unemployment rate.

Government Bonds and Currencies - Market anticipates rate cuts amid U.S. yield curve shifts.

Commodities - Gasoline trading at January’s lows.

Stocks - Regional banks strike back.

Crypto -Coinbase CEO Brian Armstrong announces first AI-to-AI crypto transaction.

Paper of the week - The response of consumer spending to changes in gasoline prices.