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Morning Bid: Markets await US banks' take on credit squeeze

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reuters.com/markets/europe/global-markets-view-europe-2023-05-08

A look at the day ahead in European and global markets from Wayne Cole.
It's been a quiet start to the week in Asia, which is no surprise given U.S. consumer prices loom this week as a major test of the market's sanguine view that the Fed is done hiking.
Futures are 90% priced for steady rates in June and 38% for a cut as soon as July, leaving the market vulnerable to an…

This story from reuters.com was posted on 2023-05-08 by @glimmerfox.

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