Eurozone Bond Yields React to Strong Economic Data, Await Wage Figures, and Drop Amid Weak Factory Data and Anticipated ECB Rate Cut
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#ca962572 ver:0.72

Eurozone bond yields react to strong economic data, await wage figures, and drop amid weak factory data and anticipated ECB rate cut. Germany's 10-year bond yield reaches highest point since April, pushing back rate cut expectations. Traders now pricing in 57 basis points of ECB rate cuts in 2024. Italy's 10-year yield set for weekly rise. Focus on wage figures and PMI data for further insight. ECB and Fed policy outlooks key influencing factors. Spread between US and German yields widens. Eurozone bond yields edge lower after reaching six-month high, awaiting key economic data. ECB expected to cut rates. Weak factory activity reported in eurozone and US. Eurozone bond yields rely on US data for guidance. Downbeat economic data raises expectations of ECB rate cuts. Tight correlation between US and eurozone rates. Attention on US JOLTS job openings, factory orders, and durable goods orders. Germany and Austria to hold bond auctions. #Eurozone #BondYields #ECB #RateCut #EconomicData #WageFigures #PMI #USData...

#newstr #EurozoneBondYields #EconomicData #InterestRateExpectations #WageFigures #PmiData #Eur/usdAnalysis #InflationData #WeakFactoryData #EcbRateCut #UsData 

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