FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustrationSINGAPORE - The euro and yen were relatively steady in early Asian trading on Monday and the U.S. dollar stayed near its highs after last week's hectic policy and geopolitical developments.
"There will be a focus on the BOJ meeting, but it is too soon for them to alter policy, and the market gives a change in rates no chance at all," said Chris Weston, head of research at Pepperstone. Yet, while the rethink on Fed easing has led to a general repricing of global rate cut timelines, expectations for the European Central Bank and Bank of England to start cutting by mid-year are still intact.
Analysts do not see too much room for U.S. Treasury yields to rise further, given the light economic data calendar for the rest of the month and how far they have already risen as investors reprice Fed expectations. Retirement is the period in your life when many focus on family and the things you weren't able to do while you were busy with your career. As such, you'll want to optimize your financial well-being...Red Lobster is seeking advice from a law firm on whether to file for Chapter 11 bankruptcy following a difficult few years for the chain.Rivian stock hit the market at $78 per share on Nov. 9, 2021, in the largest initial public offering of the year and the seventh-largest U.S.