Take Five: Dancing to the dollar's beat

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Inflation has caused central bankers to reconsider rate cuts, making the Federal Reserve's rate cuts in the first half of the year unlikely. Japan's finance minister wants to stem the yen's slide without intervention. Asian currencies have been hit hard by the strong dollar, and emerging Asia central banks may face difficulties. The flash PMIs of April business activity will reveal if inflation is returning. Earnings reports from tech giants like Tesla, Meta, Microsoft, and Alphabet are expected. European banks are moving off the naughty list as interest rate rises have benefited them, but upcoming ECB rate cuts may impact their earnings.

#Inflation #CentralBanks #RateCuts #EarningsReports #TechGiants #AsianCurrencies #FlashPmis #InterestRates #EcbRateCuts #EuropeanBanks

https://finance.yahoo.com/news/five-dancing-dollars-beat-071127154.html