Topic: Daily Market Updates
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Signs of distress ignored by policymakers
Will one recession lead to another? How long can the ECB push back against cuts? British home prices fall by most since ‘09.
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Fed seems less likely to hike in June
Pressure eases on euro, sterling jumps to 1-week highs, and BOC rate hike risk rises, boosting C$.
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A new hawk in town
GBP soars on narrative change, disinflation shifts pressure from ECB to Euro, and Fed’s June meeting is plagued by uncertainty.
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China manufacturing slowdown hits Aussie, yuan
Australian dollar lower despite higher-than-expected inflation report.
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Dollar sprints to May finish line
Data suggests less hawkish outlook for ECB policy, sterling poised for 1st monthly fall since February, and C$ cuts losses after Canada posts solid 3.1% Q1 GDP.