EZB8RISK / Market Briefing

US equities stayed near record levels as a softening jobs market collided with sticky inflation, leaving the Fed caught between easing pressure and price concerns, while mortgage r

US equities stayed near record levels as a softening jobs market collided with sticky inflation, leaving the Fed caught between easing pressure and price concerns, while mortgage rates climbed to multi-year highs. Energy headlines added a geopolitical edge, with reports of fire near a major Saudi oil facility and a large release from strategic reserves keeping oil supply risk in focus. Crypto saw steadier demand, with US spot bitcoin ETFs logging weekly net inflows even as bitcoin traded lower amid rising Treasury yields.

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