Weekly Market Review 4th of September 2023

Monday 04 September 2023

Markets: Bond yields fell as the probability of further Fed and ECB hikes is diminishing, supporting growth stocks.
United States: Core PCE - the favourite inflation measure of the Fed - came at 4.2% in July, in line with consensus expectations.
Eurozone: Inflation remains far above target with the harmonised core measure at 5.3% in line with expectations.

The Week at a glance