5th July 2022

  • Fed Pivot in September Floated as Possible Stock Market Savior

Invesco’s Hooper says slightly less hawkish Fed may aid stocks

Slower growth spurs investors to dial back bets on rate hikes

https://blinks.bloomberg.com/news/stories/REH3SNDWX2PS

  • Treasuries Reopen With Losses as Global Risk Sentiment Rebounds

US yields rise across curve as traders eye China tariff report

Bonds had rallied for four straight days before US holiday

https://blinks.bloomberg.com/news/stories/REJ1CODWX2PU

  • Biden Close to Rollback of China Tariffs to Fight Inflation

Move could include announcing new probe into China’s subsidies

Easing tariffs seen as way to counter accelerating inflation

https://blinks.bloomberg.com/news/stories/RDQWGOT0AFB4

  • Inflation Expectations Hit Record in Bank of Canada Surveys

78% of businesses expect CPI to exceed 3% over next two years

Markets see Macklem hiking by 75 basis points this month

https://blinks.bloomberg.com/news/stories/REI4IYDWLU68

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