Another down day for US stocksECBs Lagarde says exchange rates matter and it leads to a rotation higherJapan's Kanda: No change to our stance to take appropriate action on FX as neededECB Pres. Lagarde: Growth in Europe mediocre. Much slower than the USJapan finance Minister Suzuki held bilateral meetings with YellinCrude oil futures settle at $82.69ECBs Nagel: A June cut is looking increasingly likely, but there is still some caveatsECBs Centeno: First cut in June is very likely.Number of cuts will depend on incoming dataDeutsche Bank sees slower pace of BOE rate cutsFeds beige book: Contacts expect inflation would hold steady at a slow paceUS sells 20-year bonds 4.818% vs 4.843% WIBitcoin
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