US Payrolls Will Have Potential to Decide on Short-Term Momentum Both in Yields and Dollar

Markets As expected, the ECB cut its depo rate by another 25 bps to 2.0%. More than ever, the question for markets was what to expect next. Admittedly subject to a persistent high degree of event risk, conclusion is that the ECB might do less than what markets were positioned for. Chair Lagarde indicated that […]

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