Weaknesses
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Natural Gas Falls on Weak Demand
Natural gas futures fell as LNG maintenance keeps a lid on demand for feedgas, and high storage levels remain a concern, with little in the way of weather-driven demand to help.The Wall Street Journal - World -
Metals Fall Ahead of Fed Policy Decision
Metal prices traded lower, with gold falling back below $2,300, as traders further temper expectations on the timing of U.S. interest-rate cuts this year.The Wall Street Journal - World - Federal Reserve -
AMD reports strong Q1 data center revenue offset by weak gaming
Advanced Micro Devices reported strong data center revenue that grew 80% in the first quarter ended March 31, but gaming revenue fell 48%.VentureBeat - Tech -
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.The Wall Street Journal - World -
Weak Equities Could Give Dollar an Extra Lift if Fed Points to Rate-Cut Delays
Equity markets falling while the Fed pushes back on interest-rate cut prospects due to persistently high inflation during Wednesday’s announcement, could be a boon for the dollar, ING said.The Wall Street Journal - World - Federal Reserve