It appears the hope that a centrist candidate will win the French election is enough to trump tumbling macro-economic data, disappointing earnings, and flailing inflation in the US economy. June rate hike odds have spiked to 69% overnight (even as debt ceiling risks begin to price in… and the dollar drops)…
So The Fed gets the all-clear from the market to hike in June…
Even as the Treasury Bill curve inverts over debt ceiling fears…
And the Dollar is not buying it at all…
Related Posts
Cryptocurrency Market Sees Correction With Bitcoin Cash Leading The Way
Market Doubts Of Three Fed Hikes This Year Caps Dollar
Fresenius Terminates Merger Agreement With Akorn Over Data Breaches
BTC/USD Forex Signal: Volatility Continues But A Rebound Is Possible
As FAANGs Swallow A Record Amount Of The Nasdaq, Goldman Issues A Warning
Will It Be More Amazon Woes For Wal-Mart, Or Could The Retailer Be A Safe Bet In This Uncertain Environment?
Leave A Comment