Greetings,
The United States: The probability of a Fed rate cut in June has collapsed. Will we see any rate reductions at all this summer?
Equities: The rally has been partly driven by expectations of Fed rate cuts, many of which are no longer anticipated.
Emerging Markets: Traders have been shorting dollar-denominated EM debt.
Canada: The BoC signaled a possible rate cut in June.
Asia-Pacific: Taiwan’s exports surprised to the upside.
Commodities: Copper continues to rally.
Food for Thought: Property tax revenue per person, by state:
Edited by William Villacis
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