A look at the day ahead in European and global markets from Ankur Banerjee
The start of the year is packed with a string of economic data, including U.S. job openings, that will help drive the market in the near term, with minutes from the Federal Reserve's December meeting taking the spotlight on Wednesday.
the market by widening the range for its 10-year bond yield cap. What has not changed is the market's desire for the Fed to pivot away from its monetary tightening path.last month, after four straight 75-bps hikes, it stressed that rates may need to remain higher for longer to tame sticky inflation. Markets, though, are pricing in rate cuts for late 2023. Surely, something's gotta give.
"While we would like to see if there are any hints of a serious disagreement with respect to the rate path, it is hard to see how the minutes would paint a different picture compared to the relatively concentrated forecasts in the dot plot," Natwest strategists said.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Morning Bid: China in spotlight as 2023 properly gets goingA look at the day ahead in Asian markets from Jamie McGeever.
Weiterlesen »
Morning Bid: Making wavesA look at the day ahead in European and global markets from Tom Westbrook
Weiterlesen »
Morning Bid: The year of the yen?A look at the day ahead in U.S. and global markets from Dhara Ranasinghe, Editor, Financial Markets EMEA, Thomson Reuters.
Weiterlesen »
New laws in effect in New York and New JerseyAs we start the new year, some new laws are now effect in New York and New Jersey.
Weiterlesen »
New year, new beginnings: How to make attainable changes for the new year and beyondNew year, new beginnings: How to make attainable changes for the new year and beyond. That’s why the non-profit United Way of Tucson makes those new beginnings or new goals just one click away.
Weiterlesen »
New Year, New Me: Are New Year’s resolutions a good idea?As we head into 2023, we take an in depth look at whether New Year's resolutions are even a good idea and if you're going to take them on, how to stay with it.
Weiterlesen »