Australian shares look set for a quiet start to the week as Wall Street traders took a breather on Friday following a massive run-up in values.
Follow the day's financial news and insights from our specialist business reporters on our live blog.ASX set for modest gains as US markets enjoy best week this year Good morning and welcome to another week of market and economic action on the ABC News business blog.says Wall Street enjoyed its best week so far this year, although the major US indices ran out of puff on Friday.
"After threatening to drift into early H2 , market pricing is again looking at June as the most likely timing for major central banks' first cuts," writes Nugent.Market pricing for the FOMC now shows 85bp of cuts over 2024 and an 85% chance of a cut by June"ECB pricing has firmed a little further on June, with 23bp of cuts priced, while markets now price aLondon's FTSE 100 index climbed a further 0.
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