The Week Ahead – Is it the Last Hike from the Fed? US NFP, ECB, Norges and China PMIs
Nomura – The Week Ahead
Macro Notes of the Week
The focus will be on the April ISM and the employment data next week. First Republic's results made headlines this week, with a 41% drop in deposits down to $104 billion at the end of the first quarter. We believe the situation around the debt ceiling will remain volatile until we get near the 'X-State', when the US Treasury would no longer be able to meet its obligations.
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