Topic: Daily Market Updates
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Shifting focus from Europe to the US
US inflation and Fed in focus. ECB’s hawkish consensus shift to be tested. Pound near 2-year high versus euro.
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Markets steady after political tremors
Political risk to linger due to French election. Fed to signal two cuts for 2024. Sterling steady on mixed jobs report.
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USD stands tall amid European election jitters
Bonds fall, dollar rises as inflation and Fed due. A disgruntled European voter. Pound pounces on euro weakness.
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All eyes on US jobs report
Cheery investors looking for continuity. Hawkish ECB cut helps euro. Pound stabilises in early June.
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Spotlight shines on ECB after BoC cuts
Bank of Canada cuts, swayed by disinflation. ECB rate cut expected.
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Safe havens swing amid political shock
Employment slump drives yields. Risk aversion ruffles the pound. Attention on the ECB.