OPENING CALL Stock futures pointed to an extension of losses for Wall Street on Thursday as Salesforce issued a weak outlook and equities struggled as bond yields traded higher. The jump in. -May 30, 2024 at 06:20 am EDT
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North American Morning Briefing: Equity Futures Struggle as Bond Yields Hold Highs morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Japanese Inflation Falling Towards BoJ 2% Inflation Target actionforex.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from actionforex.com Daily Mail and Mail on Sunday newspapers.
April UK inflation figures set the tone from the start of trading. The Bank of England, with a leading role for chair Bailey, hyped the number way in advance as coming a long way in the direction of the 2% inflation target. That was because of the anticipated drop in the cap on regulated energy prices which would put the UK on a European instead of US-style inflation trajectory
Eco releases remain second tier today, but the number of central bank speakers increases with especially Fed Waller discussing the US economy. Waller was one of the first and most prominent (rumoured candidate as next Fed chair) Fed-members to talk out in favour of keeping rates higher for longer.