21st August 2024

  • Bond Traders Amassing Historic Level of Risk on Rate-Cut Bets

Investors load up on futures as possible cut cycle nears

Jackson Hole to provide key outlook on Fed’s policy path

https://blinks.bloomberg.com/news/stories/SIGULPT0AFB4

  • Fed Confronts Up to a Million US Jobs Vanishing in Revision (1)

BLS issues preliminary benchmark employment revision Wednesday

Economists still view job growth as healthy, albeit moderating

https://blinks.bloomberg.com/news/stories/SIJ9U8T1UM0W

  • Canada Inflation Slows, Cementing September Rate Cut Bets (2)

Broad easing in headline y/y rate on lower travel, car prices

Seventh month rate has been within Bank of Canada target range

https://blinks.bloomberg.com/news/stories/SIIOYFT0AFB4

  • Riksbank Cuts Swedish Rate and Outlines Faster Easing Plan (2)

Policy rate reduced by 25 basis points to 3.5% on Tuesday

Central bank guides for two or three more cuts this year

https://blinks.bloomberg.com/news/stories/SIIC4AT1UM0W

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