Rate Cut Expectations Rekindled, Pushing the Market to New Highs. What Other Catalysts Could Trigger a Rate Cut?

This week, Federal Reserve Chairman Jerome Powell's semiannual congressional testimony and the highly anticipated U.S. June CPI data may continue to be catalysts for the "rate cut trade."

Moomoo News Global6minutes ago · Macro

Looming Powell Testimony, Inflation Data Stifle US Equity Futures Pre-Bell

US equity futures were little changed Monday as traders stayed on the sidelines ahead of Federal Reserve Chair Jerome Powell's congressional testimony and inflation data later in the week.

MT Newswires15minutes ago

Exchange-Traded Funds, Equity Futures Edge Up Pre-Bell Monday Ahead of Powell Testimony, Inflation Data

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.03% and the actively traded Invesco QQQ Trust (QQQ) was 0.1% higher in Monday's premarket activity, ahead of key inflation d

MT Newswires19minutes ago

US Dollar on the Back Foot With French Political Outcome Applauded by Markets

The US Dollar (USD) whipsaws on Monday, with markets celebrating the outcome of the second round of elections in France.

FXStreet49minutes ago

Rieder Says Rates Not Going Far, Stocks to Grind Higher

Rick Rieder, BlackRock CIO of global fixed income, says the current environment provides a pretty good opportunity to take advantage of markets on Bloomberg Television.

Bloomberg23:53 ET

Flanders: Rate of Job Growth Has Been Exaggerated

Stephanie Flanders, Bloomberg News Head of Economics and Government, tells us why she sees evidence of softening in the labor market and what that might mean for the Fed's policy decisions.

Bloomberg23:52 ET