Regardless of which side of the Atlantic you are on, today’s wake up was tougher than usual, with Memorial Day and Bank Holiday in the rearview we are back to Fed speakers dictating intraday movements! Case and point Neel Kashkari with his morning comments around robust wage growth, labor markets, odds of rate hike being low but not off table while not penciling in more than two cuts for this year (phew that was a lot). Net/net higher for longer remains the constant. Aside from Fed comments, we…
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