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Morning Bid: Back on the rate cut track

Posted on AllSides May 5th, 2024
From The Center

A look at the day ahead in European and global markets from Rae Wee European markets will be waking up to a fairly quiet session with London closed for a holiday and little on the economic calendar to stand in the way of the latest rate-cut rally. Investors will be hoping the rise in risk appetite following Federal Reserve Chair Jerome Powell's relatively dovish steer on the U.S. interest rate outlook continues this week, after Wall Street and the MSCI World index hit three-week highs on Friday. The MSCI Asia...

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https://reuters.com/markets/europe/global-markets-view-europe-2024-05-06

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