Will Renewed Hopes for Rate Cuts Push the Markets Up?
Dens Lim Dens Lim
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 Published On May 5, 2024

Surprise labor market data from the US pushed yields lower showing initial signs of weakness. Will this be enough for the FED to start cutting rates this year? The PSEi sold off last week, but could we make a rebound amidst the backdrop of important economic announcements this week?

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