A look at the day ahead in European and global markets from Ankur Banerjee The latest U.S. job openings data dipped to levels not seen since early 2021, ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSWatch onThe latest U.S. job openings data dipped to levels not seen since early 2021, bolstering the case for a Fed pause on rates, and that along with a lingering lift from China's latest market-friendly moves had investors holding onto their risk-on hats as Europe wakes up.
The will-they-or-won't-they question around the Federal Reserve and the endgame for interest rate hikes will cast a shadow over the markets, as investors peer through every piece of economic data and then tweak their expectations on what happens next. In short, buckle up. Over in Asia, the dollar was little changed against a basket of currencies after a steep dive overnight, hamstrung by sliding Treasury yields.
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