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Wall Street Brunch: CPI Hits And Earnings Season Kicks Off seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Jobs report confirms that the Fed does not have to rush to cut rates streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
The market bets on the Fed June rate cut have increased with time, as the market tries to digest inflation and other economic factors. With a larger market… ....
Rates Spark: Presumption Of Resilience menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Dollar and Yen had contrasting fortune last week, responding to divergent central bank expectations. Dollar found itself as the week's worst performer, a reflection of solidified expectations for Fed's first rate cut in June, reinforced by Fed Chair Jerome Powell's semiannual testimony. The cooling job US market is seen as unlikely to stand in the way. On the flip side, Yen staged a powerful rally, driven by a growing consensus around BoJ's rate increase this month, making Yen the best performer. ....