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2024-06-07 06:57:16

US Stocks Open Higher as Investors Await Key Inflation Data and Big Tech Earnings on Nostr: Global Risk Rally Hinges on US Jobs Report =============== #76cf07ec ver:1.34 Global ...

Global Risk Rally Hinges on US Jobs Report
===============
#76cf07ec ver:1.34

Global risk rally hinges on US jobs report as weaker-than-expected US growth data and drop in bond yields prompt speculation of interest rate cuts by the Federal Reserve. Global stock markets decline, MSCI's equities gauge falls, and bond yields drop. US economic data disappoints with decline in home sales, higher mortgage rates, and lower inflation rates. Pending home sales slump, jobless benefits applications trend higher. Wall Street awaits US jobs report to shape Federal Reserve's next steps. Traders refrain from big bets, with no consensus on market reaction. Treasuries slide, European shares hold near record high. ECB raises inflation forecasts after rate cut. Stock fragility poses risk of spill over into broader index. China's risk sentiment turns sour due to US lawmakers' ban proposal. #GlobalMarkets #USJobsReport #InterestRates #EconomicData #StockMarket #BondYields #FederalReserve #HomeSales #MortgageRates #Inflation #JoblessBenefits #ECB #StockFragility #China...

#newstr #GlobalRiskRally #UsJobsReport #FederalReserve #GlobalEconomy #China

https://here.news/story/76cf07ec?ver=1.34
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