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U.S. Treasury yields rose to four-week peaks across the board on Wednesday, as yet another weak debt auction and cautious comments from Federal Reserve officials on the timing of the U.S. central... -May 29, 2024 at 04:14 pm EDT - MarketScreener
The mood is changing on stock markets, with global indices turning red since the start of April due to worries about the path of rate cuts this year. Things could take a turn for the worse today as... -April 03, 2024 at 09:09 am EDT - MarketScreener
US GDP growth in Q4 2023 revised to 3.4%, showing a deceleration compared to Q3 2023. Weekly jobless claims lower than expected. Dollar up on hawkish Fed remarks.
High hopes China's markets would return from the break with a spring in their step have yet to be met, with modest gains for stocks so far. Tourism revenues during the Lunar New Year holiday did surge by 47% on a year earlier as more than 61 million rail trips were taken, though the comparison was flattered by a particularly weak season last year. The country's central bank skipped a chance to cut rates again on Sunday, which will likely limit downward pressure on the yuan, but with deflation looming, analysts see plenty of scope for further policy stimulus.
A look at the day ahead in European and global markets from Wayne Cole. High hopes China's markets would return from the break with a spring in their step have yet to be...