Peter Meria
What is happening in the markets this week? Markets closed the week on a strong note as weaker U.S. labor data (+22k jobs; unemployment 4.3%) fueled expectations of a Fed rate cut. Equities climbed to fresh highs, Treasury yields declined, and gold surged to record levels as investors rotated toward growth and safe-haven assets. The ECB kept rates steady at 2%, signaling a cautious stance as Eurozone inflation nears target. Looking ahead next week’s U.S. CPI and PPI releases, followed by the Fed meeting, which could set the tone for global markets into year-end. $NSDQ100 $SPX500 $DJ30 $BTC
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