, point economist and strategist. And a big takeover for big oil. Shale giant Pioneer Natural Resources being taken over by exxon in a 60 billion tied up. Im alix steel with my cohost guy johnson, welcome to Bloomberg Markets. This is a way to end the week. Guy we always talk about the payroll number being an important number, it just proved how important it can be. Is the number bigger for you for payrolls or exxon and pioneer . Alix this is a humongous deal with big implications for dcm policy, but we will get to that. Guy it could bp per, and that is the question we should be asking. Are we at peak rates . Todays number, alix, pushes back on that idea. Bond prices pushing lower and equities down sharply that was an incredible number and the revisions, the breadth, everything about this that convinces us this is a solid number. I wonder what this market would look like if we got a solid cpi print next week as well . Alix the wage number came back a little bit matt evans is the only o
Point72 s Drossos Says Japan Disrupting One-Way Bets Against Yen bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) By one measure, according to Point72’s Sophia Drossos, Japan’s intervention to prop up the yen has achieved a key objective: Preventing the market from piling into lopsided bets against the currency. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies on Upbeat Forecast, Record-Setting BuybackTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesTrump Auditions VP Pic
Point72 s Drossos Says Japan Disrupting One-Way Bets Against Yen bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The Fed considers lowering rates if unemployment rises significantly, despite concerns about inflation. Powell s focus on preventing a job-cutting spiral reflects a willingness to prioritize the labour market. This approach may offer support to the economy and risk assets.