UK confirms move into a technical recession
- UK Q4 GDP data confirmed the country’s 1st recession in almost four years.
Source: fxstreet.com
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Home Depot and Walmart to report – No change to macro theme
- Relatively flat US dollar and mixed EU indices as risk sentiment remains undecided after little overnight and weekend macro news with US returning for trade today from Presidents Day.
Source: fxstreet.com
Marketmind: Rates angst, China cut and credit card deal
Wall St returns from its long weekend to a mix of interest rate cut doubts, retailer updates and the biggest U.S. corporate deal of the year - while China's latest monetary easing was brushed off by markets overseas. With the Federal Reserve releasing minutes of its January policy meeting on Wednesday, the rates market has been dragged kicking and screaming back closer to where the Fed had originally indicated at the end of last year. After sparky new year consumer and producer price readings last week, two and 10-year Treasury yields hit their highest for 2024 on Friday and Fed futures...
Source: yahoo.com
MORNING BID AMERICAS-Rates angst, China cut and credit card deal
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St returns from its long weekend to a mix of interest rate cut doubts, retailer updates and the biggest U.S....
Source: marketscreener.com
Stocks Under Pressure from Tech Stocks and Nvidia
Detailed price information for British Pound/Kazakhstan Tenge (GBPKZT) from The Globe and Mail including charting and trades.
Source: theglobeandmail.com