US April retail sales were unchanged, and declined -0.8% excluding autos, both weaker than forecast. Those follow respective March surges of 10.7% (was 9.8%)...
For today's key NonFarm Payroll data release, 980,000 remains consensus. Weekly unemployment claims yesterday finally broke below the 500,000 level for a post pandemic...
Markets return to pricing in contingency risk that the Fed may be forced to tighten much sooner.
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Andria Pichidi
Market Analyst
Disclaimer: This material...