The risks of shorting USTs becomes a global concern
Description
IMF warns on hedge fund short bet risks. US data positive except for housing. Eyes on Japanese inflation. Aussie jobless rate creeps up. Freight rates ease.
US Fed stands pat on policy moves despite inflation higher than they want. Markets liked that. US labour market resilient. Aussie LCI up sharply for employed.
Published 05/01/24
US labour costs and retail sales rise. US sentiment sags. China PMI's marginally positive. EU growth better. Aussie retail soft.
Published 04/30/24