Soft April PMIs Suggest Global Interest Rates to Stay Lower for Longer
lawrencecockle1Market sentiment was a bit "risk-off" as the week starts, affected by disappointment in US and European macroeconomic data and cautions ahead of the upcoming FOMC and BOJ meetings. Wall Street ended Monday lower with DJIA and S&P 500 indices slipping -0.15% and -0.18% respectively with energy and financial sectors the weakest performers. In commodities, energy prices retreated, paring gains made from the rally over the past weeks.
Continued here:
Soft April PMIs Suggest Global Interest Rates to Stay Lower for Longer
