U.S. Data Will Drive A Summer Rate Hike, Says Gartside

The dollar climbed to the highest this month versus the yen as traders’ expectations of at least one Federal Reserve interest-rate increase in 2016 remained intact despite a weaker-than-forecast U.S. jobs report. A gauge of the greenback versus major peers extended its biggest weekly gain of the year -- even though hedge funds have been betting on dollar declines since April. JPMorgan Chase CIO of International Fixed Income Nick Gartside discusses with Bloomberg's Mark Barton on "The Pulse."

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58:38 - Guests include: Niccolo De Masi, president and chief operating officer at Essential. (Source: Bloomberg)
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