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- Stocks move higher and bond yields lower as interest rate expectations are further dialed in after Fed Waller yesterday spoke about seeing case for rate cut in several months if inflation takes on course, suggesting a move in H1 2024, alongside a significant drop in German states and Spain’s CPI readings, ahead of Germany’s national reading at 08:00 ET. ....
EU mid-market update: Traders look to upcoming jobs report for additional clarity on US economy; Awaiting Hezbollah leader announcement as Israel on 'very very high alert'. ....
EU mid-market update: Sentiment is mixed after BoC surprise hike puts eyes towards Fed and ECB rate decisions next week; Euro Zone Q1 GDP revision tip ....