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European Stock Markets React to Rising Bond Yields, Geopolitical Tensions, and Anticipation of US GDP Figures /
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2024-05-06 11:06:06

European Stock Markets React to Rising Bond Yields, Geopolitical Tensions, and Anticipation of US GDP Figures on Nostr: Signs of Softening in US Jobs Market Strengthen Case for Federal Reserve Rate Cuts, ...

Signs of Softening in US Jobs Market Strengthen Case for Federal Reserve Rate Cuts, Bringing Relief to Global Markets
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#587d95f3 ver:0.45

Signs of softening in the US jobs market strengthen the case for Federal Reserve rate cuts, bringing relief to global markets. US 10-year Treasury yields dropped 17 basis points, the S&P 500 had its best day in over two months, and money markets are pricing in two rate cuts this year. Attention now turns to the Fed's Senior Loan Officer Survey and the impact of rising government borrowing costs. Apple shares may be affected by Berkshire Hathaway reducing its stake. Key diary items include US employment trends, NY Fed's Global Supply Chain Pressure Index, and speeches by Fed presidents. #JobsMarket #RateCuts #GlobalMarkets...

#newstr #Markets #FederalReserve #RateCuts #TreasuryYields #S&p500 #SeniorLoanOfficerSurvey #CreditConditions #BankLending #GovernmentBorrowingCosts #Apple #BerkshireHathaway

https://here.news/story/587d95f3?ver=0.45
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