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Eurozone Bond Yields Could Rise If PMI Data Beat Forecasts
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Treasury yields see biggest weekly drops in months as tepid April jobs report raises rate-cut hopes
Treasury yields finished at their lowest levels in three weeks on Friday after April’s official jobs report brought the potential for a Federal Reserve interest-rate cut back to the minds of some traders.MarketWatch - Business -
Societe Generale Shares Climb on Above-Forecast First Quarter
Societe Generale’s results were better than expected at the revenue and underlying profit levels and showed early recovery signs in French retail banking, analysts said.The Wall Street Journal - World -
South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
2024 Kentucky Derby: Weather forecast could lead to sloppy track conditions at race time
A look at what conditions will be like on Saturday when the horses reach the starting gateCBS Sports - Sports -
Ranking AFC teams following 2024 NFL Draft: Chiefs remain team to beat, Texans on the rise
Who are the best teams in the AFC following the NFL Draft?CBS Sports - Sports - NFL -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
SPDR Gold Shares Inch Lower Following Jobs Report
Gold prices edged lower, with April’s lower-than-expected jobs gains giving investors hope that the economy is finally cooling down.The Wall Street Journal - World -
Eurozone Jobless Rate Still at Record Low
The eurozone’s unemployment held steady in March, a sign of the robustness of the bloc’s jobs market that might be of concern to the ECB as it focuses on the impact of sticky wage growth.The Wall Street Journal - World
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