Simon Derrick
Simon Derrick
batch data doubt economic higher interest market towards
A batch of downbeat US economic data underpinned some market doubt over the Fed's inclination towards higher interest rates.
altering assume hearing last markets members percent pricing quarter rates since third
If you assume that the markets are effectively pricing in 2.75 percent rates by the end of the third quarter and have been doing that really since the end of last year, there is nothing that they are hearing from ECB members is really altering that perception.
continue dollar rates ultimately
There has been a re-evaluation of people's expectations as to where the U.S. rates can ultimately end up. I think we will continue to see dollar weakness.