Morning Bid: Bad news bulls

Written by Mike Dolan

LONDON (Reuters) – What matters in the United States and global markets today

Written by Mike Dolan, Editor, Man, Financial Industry and Financial Markets, Reuters open interest

Global stocks rose early on Wednesday, as the rates of reducing the federal reserve price were reduced next week after more bad news on the American Job Front. Traders will now turn to American products and consumer enlargement data for this day and tomorrow. While hot prints can create some noise in the price market, a few of them expect anything to change the federal reserve plans for the next week.

* The markets are fully priced in a federal reserve 25-Basis. 17, the possibility of a half -point step has increased in the issuance of more dark recruitment data. Laboordepartment said on Tuesday that job growth in the United States was exaggerated in 911,000 in the 12 months to March, indicating that the momentum of the market that was fading for a longer period of thought. Treasury revenue hovering for two years near 3.55 %, while revenues up to 10 years were up to 4.09 %. Gold set a record $ 3673.95 an ounce on Tuesday before the retreat, although Ethas risen again early on Wednesday. * Stoxx 600 rose in Europe slightly early on Wednesday, and LEDBY retail after the Spanish fast -sales fetal sales momentum rose before a quarter of a fall. At a time when the revenues of the French bonds were fixed after French President Macron Sebastian Lecorneo appointed the Prime Minister. Lecornu, a one -time conservative, suggested that Macron seeks to move forward with a minor government that will not give up his pro -business reform agenda. * Global oil standards rose after Israel struck bathrooms in Qatar on Tuesday. Brent crude was trading shy $ 67 early on Wednesday, while WTI was more than $ 63. However, events in the Middle East have had limited prices over the past two years, and there are not many events that believe that the last step will be different.

In today’s column, I explain why Stablecoins correct the dominance of the US dollar and why this worries the organizers.

Market accurate today

* Poland shot down drones that entered into the airspace during the large -scale Russian attack in Western Ukraine on Wednesday, where NATO described the incursion as a “act of rush” and represented the first time that a member of Alliasshas launched shots in the war. * US President Donald Trump urged European Union officials on Tuesday to China with definitions of up to 100 % as part of the strategy assumed by Russian President Vladimir Putin, according to an official and diplomat of the European Union. On Tuesday, a federal judge has temporarily prevented President Trump from removing the ruler of the Federal Reserve, Lisa Cook, a early White house in an unprecedented law that could increase the health of the long central bank. * The federal reserve is widely expected to reduce the benefits next week, although inflation is still about 3 %, which is a higher point higher than the official goal. This raises a comfortable question. The investment column clerk writes Jimmy McGiv: Is the target of inflation of 2 % of the central bank still applied? * Nearly four years after the Energy crisis in Europe in 2021, the continent moved from the redesign of the emergency response system. However, the Martin Vladimirov’s study center writes, and the European Union is not outside the forest. Deep weaknesses, progress towards safe supply and prices are very unequal throughout the continent.