Here's your summary from US Data Pushes Back Fed Cut Bets; Euro In Focus After EU Vote | Bloomberg: The China Show 6/10/2024 (https://www.youtube.com/watch?v=qgisZVGEtqg) on the Bloomberg Television channel:

### TLDR:

US data pushing back Fed rate cut expectations, Euro weak after EU elections, Asian markets cautious with holidays.

### Key Points:

1. Euro currency and bonds falling due to far-right parties winning in EU elections, Macron calls for snap elections in France.

2. US job gains stronger than expected, leading to market pricing shifting to only one rate cut this year.

3. Asian markets trading cautiously with holidays in Hong Kong, China, Taiwan, and Australia. Fed and BOJ decisions to dominate trading this week.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro nostr:npub1849ntz6s6gxrunv9tunnlurvfx7xk0mwvtzz4m2y7fu8gt7408dqsl0qen nostr:npub1tlvvdgm4csch9x3m0r3qsrll7zsaccl49c4gdz5qz9g3jz33l92ss4gp7z