Topic: Daily Market Updates
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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.
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The calm before the storm
Mixed labor market enough for the Fed to skip? ECB’s June hike a done deal, but what comes next? UK data overshadowed by ECB, Fed.
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Struggling dollar hits 2-week low
Euro on pace for weekly rise, sterling poised for another weekly gain, and Canada unexpectedly shed 17,300 jobs in May.