The Trade Desk slashes 15% of jobs, expects $39M-$51M restructuring cost
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Monthly reported sums rose 18% on average, and the compounds now appear to be spreading beyond Southeast Asia.
AUD/JPY advances on Friday and trades around 112.65 at the time of writing, up 0.39% on the day.
In the United States, this phenomenon is largely driven by structural factors.
Veronica Clark, US economist at Citi, explains the scenarios she sees for inflation and labor market data that can lead to interest-rate cuts from the Federal Reserve. She speaks on “Bloomberg Brief.” (Source: Bloomberg)