Two rate calls on deck as markets consolidate [Yahoo! Finance Canada]
Mediaco Holding Inc. - Class A (MDIA)
Company Research
Source: Yahoo! Finance Canada
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Interest rate decisions in Thailand and Indonesia top the Asian calendar on Wednesday, as investors put the recent rebound across many markets on hold and look ahead to a keynote speech from U.S. Fed chief Jerome Powell later in the week. The global equity market picture going into Wednesday appears to be one of consolidation, while U.S. Treasury yields are retreating once again and the dollar is printing fresh lows for the year. Fed Governor Michelle Bowman, one of the most hawkish U.S. rate-setters, on Tuesday repeated that she sees upside risks to inflation and is cautious about cutting rates. But traders are increasingly confident the easing cycle will begin next month, and are putting a 30% probability on the Fed kicking it off with a half percentage point cut. The two-year Treasury yield is back below 4.00% and the dollar index is down 3% this month. This is supportive of Asian and emerging market
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- 8/21/24 - Form 8-K
- 8/14/24 - Form NT
- 8/12/24 - Form S-3
- MDIA's page on the SEC website