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...Interest rate sensitive two-year German Bund yields — a benchmark for the eurozone — held steady at 2.98 per cent, up 0.02 percentage points on the day....
...“Previously when we have had a rally of $70 to $80, it is usually accompanied by a new catalyst or risk event,” said Suki Cooper, analyst at Standard Chartered....
...Douglas is named after Scottish entrepreneur John Sharp Douglas, who in 1821 opened a soap factory in Hamburg....
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...“But we’re going to need to see data like [inflation] next week that will corroborate the pushback to [a June cut].”...
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