Markets Retreat on Rate Cut Uncertainty Ahead of Big Jobs Week
• Recalibration of interest rate cut hopes contributing to markets pullback
• Big week ahead for U.S. labor market data, after unexpected Nov strength
• ECB likely to report uptick in Euro zone inflation this week
• New year flood of U.S. corporate debt issuance seen as headwind for bonds
• Geopolitical tensions simmering over Middle East, Red Sea shipping concerns