Description
Tech stocks power higher as markets bet Fed will tame inflation. Dollar
keeps rampaging, gold heads for massive weekly losses. Pound struggles
after soft data, quadruple witching coming up.
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Bank of England meets on Thursday, unlikely to signal rate cuts. Reserve Bank of Australia could maintain a higher-for-longer stance. Elsewhere, China releases trade data.
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Published 05/03/24
Yen eases from highs as Japanese authorities stay mum on intervention. Dollar creeps higher, euro softer as attention turns to Eurozone economy. Stocks stay perky ahead of more key earnings, gold extends losses.
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Published 04/30/24