
Euro area will suffer higher rates and lower ECB liquidity into summer | MarketTalk: What’s up today? | Swissquote
The faster than expected jump in US initial jobless claims threw some cold water on the heated hawkish Federal Reserve (Fed) pricing yesterday.
The S&P500 flirted with the 4300 mark, again, and the index is up by more than 20% since the last October dip, meaning that the S&P500 stocks stepped into the bull market regardless of the tightening Fed, rising yields, and the inverted yield curve.
The US dollar fell yesterday, as the jump in US initial jobless claims scaled the hawkish Fed expectations slightly back after two shock rate hikes from the Reserve Bank of Australia (RBA) and...