Morning Bid: Why payrolls might not matter to markets

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Morning Bid: Why payrolls might not matter to markets
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A look at the day ahead in U.S. and global markets from Dhara Ranasinghe.

may not hold much sway over markets that are already behaving as if the U.S. tightening cycle is over.

For some, the euphoria surrounding the notion that inflation has peaked, meaning the Federal Reserve can start to slow the pace of aggressive rate hikes, needs a reality check.

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