Topic: Daily Market Updates
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Higher for longer increases recession risks
Fed pauses, but promises more rate hikes. China going against the monetary tide, and the dollar not as weak as expected.
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USD hits one-month lows after Fed “skip”
China, Europe policy decisions due along with NZ GDP and Australian employment.
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Fed to pause, skip or end the tightening cycle?
Disinflation to cause the Fed to pause, euro needs more than a cautious Fed, and the UK economy expands in April but trend less clear.
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A day with three surprises
Weaker inflation weighing on the dollar, hot labor market pushes pound higher, the PBoC is coming to the Euro’s rescue.
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UK and PBoC surprises setting the tone
Markets don’t need much to rally, hot labor market pushes pound higher, and the PBoC coming to the Euro’s rescue.