Bond yields climb from better than expected Nonfarm Payrolls
EU mid-market update: Most assets rally, led by crypto and metals, as bond yields climb from better than expected nonfarm payrolls.
Source: fxstreet.com
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EU session quiet with Easter Monday holiday being observed
- European markets remain close for Easter Monday holiday. - Last Friday, Fed's Chair Powell following release of PCE deflator data said Fed is not under pressure to cut rates, but waiting too long could mean unneeded damages to the economy and the labor market; US jobs report for March set to be released this Friday.
Source: fxstreet.com
Concern with Germany for other skeletons in the budget closet
EU mid-market update: Concern with Germany for other skeletons in the budget closet; Mid-East 'truce' seen to be extended slightly.
Source: fxstreet.com
Congress now races to find a stopgap government funding bill before Friday's deadline
EU mid-market update: Congress now races to find a stopgap government funding bill before Friday's deadline after Moody's fired a warning shot on US sovereign rating.
Source: fxstreet.com
Corn, soybeans well ahead of five year average
The National Agricultural Statistics Service has issued its current weekly crop progress and condition reports.
Source: jg-tc.com