Market sentiment was a bit “risk-off” as the week starts, affected by disappointment in US and European macroeconomic data and cautions ahead of the upcoming FOMC and BOJ meetings. Wall Street ended Monday lower with DJIA and S&P 500 indices slipping -0.15% and -0.18% respectively with energy and financial sectors the weakest performers. In commodities, energy prices retreated, paring gains made from the rally over the past weeks.
The post Soft April PMIs Suggest Global Interest Rates to Stay Lower for Longer appeared first on crude-oil.top.