Wall Street stocks and bonds remained relatively buoyant after last week's action-packed macro week with world markets drawn more to French political...
Wall Street stocks and bonds remained relatively buoyant after last week's action-packed macro week with world markets drawn more to French political uncertainty and the deepening Chinese homeprice bust.
With French sovereign credit ratings in the balance and nerves about the fiscal implications of a change in the parliamentary majority, the premium on French 10-year government debt yields over Germany soared last week to their highest since 2017 at more than 77 basis points. The picture in Asia was no better after China's latest monthly economic data sweep and as the People's Bank of China left key interest rates unchanged.But coming on the back of further deflationary signals from China last week, the property sector is still the main worry.
Kishida also said the government and the Bank of Japan share the view that consumption lacked strength as wages have failed to rise enough to compensate for rising prices.Key diary items that may provide direction to U.S.
Baked into the expectations for Tesla and Nvidia stock are the vision that a single player will dominate a revolutionary industry, facing little competition, virtually in perpetuity.Kellyanne Conway Massively Inflates Trump’s Church Crowd
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