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ECB’s Kazaks: The ECB will soon reach terminal rate if baseline holds
Google’s VEO 3 AI Video Generation is Insane. Hollywood (and Related) Stocks to Short?
ECB’s de Guindos: Equity valuations are high, credit spreads out of sync with risk
UK April CPI +3.5% vs +3.3% y/y expected
European indices open slightly lower with hot UK inflation likely weighing
Traders trim bets on BoE easing favouring just one rate cut in 2025
Japan’s super-long bond yields continue to surge to record highs
What are the main events for today?
FX option expiries for 21 May 10am New York cut
ICYMI – Moody’s US downgrade sparks concern among Hong Kong pension funds
US politics – tentative deal for $40,000 SALT deduction reached
USD weakness extends
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