Wall Street faces a double dose of payroll data as investors hunt for clues on the Fed’s next move. Meanwhile, Nasdaq pushes for near-24/7 trading and Ford pivots on EVs amid Trump's policy shifts.
Today’s recommended read: US Treasuries rebuilding risk premia, Mike Dolan
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7:36
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7:36
The great stall of China
Beijing’s property woes and weak retail data weigh on Asia. Meanwhile, investors face a tense start to the last full trading week of the year as U.S. markets wrestle with AI anxiety and bond market jitters before jobs data.
Today’s recommended read: Sterling laps up UK-Japan rate squeeze, Mike Dolan
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7:24
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7:24
The Week Ahead: A tale of two banks
Two central banks in two major economies are expected this week to head in different directions, with Japan likely to raise and the UK expected to cut interest rates. Plus, traders are anticipating long-awaited US employment data, and the possible arrival of a so-called Santa Rally to finish the year.
Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest
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7:02
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7:02
Week in Review: Bubble trouble
Oracle’s surprise spending spree reignites concerns about an AI bubble and debt-fueled tech growth. Meanwhile, the Fed cuts rates but signals a pause ahead, and Japan’s borrowing costs hit an 18-year high as markets brace for a hike.
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6:48
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6:48
Mickey Mouse meets the machines
In a watershed moment for Hollywood, Walt Disney is letting OpenAI use iconic characters like Mickey Mouse, Cinderella and Yoda as part of a $1 billion deal. Oracle slumps as its massive spending and weak forecasts fan doubts over how quickly big bets on AI will pay off. And the oil market takes Washington’s pressure campaign against Venezuela in stride.
Today’s recommended read: Permian to retain US oil crown even after hitting peak by Ron Bousso
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