Marc Chandler - Jobs Data Impresses, Rate Cut Expectations Crashing, USD, Yields & Commodities All Outperforming
Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of Marc To Market to discuss today’s strong US jobs data, rate cut expectations falling and the broad strength in the Dollar and commodities.
We delve into how the unexpectedly strong jobs report impacts the Fed’s rate cut expectations, including the potential delay of cuts to the second half of the year. We also touch on the strength and dominance of the U.S. dollar, and rising yields globally. Marc provides his insights on the higher commodity prices amidst a higher U.S. dollar and yields. We conclude with discussions on projections for the upcoming economic data, more on Fed's actions, and the broader implications for the U.S. and global economies through 2025.
