Key Points
After bumpy start to the third quarter, stocks and bonds rallied together on Monday - with both two- and 10-year Treasury yields recoiling sharply back below 5% and 4% thresholds respectively...
Spurred by more signs of ebbing U.S. inflation ahead of Wednesday's critical June consumer price report, Wall Street stocks also recovered ground on Monday.. U.S. small cap stocks led the way, with the Russell 2000 (.RUT) jumping 1.6% to clock its best day in more than a month - ahead of both the NFIB June small business survey later on Tuesday and the onset of the second-quarter earnings season...
A New York Fed survey showed on Monday that household inflation expectations for the year ahead fell to 3.8% last month, the lowest in more than two years..
And if bond markets were looking for another reason to rebound at the margin, the Fed's top regulatory official Michael Barr laid out a sweeping plan to increase capital requirements for the largest U.S. banks in the wake of recent bank failures, a move met with criticism from the industry...
After China showed on Monday that it was flirting with outright deflation last month, Britain relayed a screed of mixed signals - accelerating wage growth to match record highs, rising unemployment, mortgage rates soaring to 15-year highs and the Bank of England talking tough on more policy tightening...
You might be interested in
Morning Bid: Fed turns screw, Micron pops
29, Jun, 23A look at the day ahead in U.S. and global markets from Mike Dolan
Global stocks edge up, dollar stalks 5-month low
26, Dec, 23By Ankur Banerjee SINGAPORE (Reuters) -Global stocks crept higher on Tuesday and the dollar lingered near a five-month low as investors held fast to bets that cooling U.S. inflation will lead the
Morning Bid: Small caps pick up baton, China rating hit
05, Dec, 23A look at the day ahead in U.S. and global markets from Mike Dolan
Morning Bid: Markets fly on Fed and funding
02, Nov, 23A look at the day ahead in U.S. and global markets from Mike Dolan
Morning Bid: Nervy bond bounce on soft jobs and oil
05, Oct, 23A look at the day ahead in U.S. and global markets from Mike Dolan
Morning Bid: Bruised bonds relying on disinflation
10, Jul, 23A look at the day ahead in U.S. and global markets from Mike Dolan
Morning Bid: Dollar swoons in upbeat inflation vigil
12, Jul, 23A look at the day ahead in U.S. and global markets from Mike Dolan
Morning Bid: Markets labor on China, three jobs gauges
06, Jul, 23A look at the day ahead in U.S. and global markets from Mike Dolan
Asia stocks close strongest month since January on upbeat outlook
30, Nov, 23By Kane Wu HONG KONG (Reuters) -Asian stocks rose on Thursday to clock their strongest performance in 10 months, as investor sentiment warmed on a relatively benign global interest rates outlook and
Fed flags end of rate hikes, sees lower borrowing costs in 2024
13, Dec, 23Central bank holds policy rate in 5.25%-5.50% range. Officials see 75 basis points of cuts next year. Fed's 'soft landing' scenario still on the table.