US jobs data prompts markets to dial back rate hike expectations, while Bayer consolidates its Roundup business into Ruveon.
2 reports, 1 independent
Updated Jul 2
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What happened
US jobs data prompts markets to dial back rate hike expectations, while Bayer consolidates its Roundup business into Ruveon.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Bayer established Ruveon LLC to manage its glyphosate business specifically for the U.S. market.Sub-event
US jobs data shifts rate hike expectations; Bayer merges Roundup business into Ruveon.1 source
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The entities involved
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FED
business
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European Central Bank
central bank of the European Union and the eurozone
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BAYER
company in Prague, Czechia
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- Political polarization in Europe combined with the ECB's decision sent shockwaves through European markets centered in Frankfurt.