The market is taking down the odds of an extra FOMC rate hike this year and a higher terminal top.The May Fed peak is down to 4.93% from 5.03% at the highs this...
By Chang-Ran Kim and Leika Kihara TOKYO (Reuters) -Japanese authorities repeated their warnings about the yen's precipitous fall against the dollar on Wednesday, with Finance Minister Shunichi Suzuki saying he was "meticulously" checking...
Yesterday's optimism has certainly faded.The market appears to be indicating that problems in the gilt market aren't solved and when inflation peaks is certainly an open question. Add up the rest of the...
The selling in equities today is utterly merciless.The combination of stridently-hawkish talk from Fed officials this week and a decently-strong non-farm payrolls report today has led to an abandonment of the 'Fed pivot'...
The Nasdaq is down 2.8% in a broad (and broadening) equity rout after non-farm payrolls. It highlights just how sensitive the market is to economic data. The jobs report wasn't much more than...
