Morning Bid: Markets level, Aussie hikes, crypto judders


Source: reuters.com reuters.com

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A look at the day ahead in U.S. and global markets from Mike Dolan As world stock markets levelled off on Tuesday, Australia dampened hopes that central banks were set to pause the interest rate rise cycle, the crypto universe nursed its latest blow, and Apple underwhelmed overnight. A relatively quiet week for U.S. macroeconomic and market news has investors resting on an assumption the Federal Reserve will skip a rate rise at next week's policy meeting, while considering one last hike in its campaign next month. Soft service sector surveys for May on Monday underlined that idea. The Reserve...