New Fed May Sap Market's Reaction Function To U.S. Jobs Report
Source: SeekingAlpha
2026-06-05 07:20:00 ET
The low-intensity war in the Middle East continues. Crude oil looks set to close the week higher for the first time in three weeks. Meanwhile, some poor earnings have hit the tech sector this week, and it is evident in both Asia and the US. A dramatic revision to Ireland’s Q1 growth spurred a downward revision in Q1 eurozone growth to show a 0.2% contraction rather than a 0.1% expansion. Nevertheless, the market remains confident that the ECB will hike rates next week....
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New Fed May Sap Market's Reaction Function To U.S. Jobs Report
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