European services PMIs leaves door open for inflation return, large share of SP 500 to report today fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
The US Treasury reduced its estimate for federal borrowing for the current quarter despite a widening in the fiscal deficit a reduction unexpected by many dealers.
(Bloomberg) The US Treasury reduced its estimate for federal borrowing for the current quarter, a move unexpected by many dealers, helping stoke rallies in bonds and stocks Monday.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetTrump Cash Stockpile at Risk From $450 Million Dual VerdictsBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersAmazon Drops iRobot Deal; Roomba Maker Cuts 31% of StaffUS Weighs Response to Deadly Drone Attack