The rally in equities and bonds faded on Friday amid a pushback to Powell pivot from some Fed members including Williams. PMIs also continued to highlight a divergence in US and Eurozone economies, pushing EUR back to 1.09 as dollar recovered slightly. German Ifo will be in focus today. Hang Seng rose over 2% on China easing property curbs, although commodities came under some pressure but Gold still holding up above $2k. US Equities: The Nasdaq gained 0.5% to close at 16,623, marking an all-time high, while the S&P500 was nearly flat. Costco surged 4.5% after reporting earnings beating estimates and announcing a ... (full story)