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Are investors right to be optimistic? As we head into the second quarter, it seems the list of economic concerns is growing rather than shrinking and yet equity markets find themselves in a very...
The Japanese yen continued to rebound and posted sharp gains for a second straight day. USD/JPY was trading at 121.80 in the European session, down 0.82% on the day.Yen volatility continuesThe yen...
China’s COVID-19 lockdown of Shanghai saw oil prices slump overnight, as investors fretted about more sweeping containment measures, which would negatively impact China's energy consumption....
The misery continues for the Japanese yen, which has plummeted at the start of the week USD/JPY was trading at 124.62 in the European session, up 2.06%.BoJ move sinks yenUSD/JPY broke above the...
I was feeling like I was watching constant replays of the Child's Play horror movies at the moment. Chucky the evil doll saying "I'm back" was playing over and over again as equity markets, once...
Fear of a Russian invasion of Ukraine, spurred by comments from US officials triggered a dramatic market reaction ahead of the weekend, and it continued today. Risk came off in many markets. Equities...
A calmer European debt market and the second consecutive decline in the German 2-year yields has weighed on the euro. It briefly dipped below $1.14 in the European morning. European bond benchmark...
Overview: The S&P 500 closed higher yesterday for the ninth session in the past ten, but the coattails are short and global equities are trading with a heavier bias today. A firm CPI reading in...
Market Drivers March 28, 2019 Lower yields, growth weigh on risk Cable hits a four day low Nikkei-1.61% Dax -0.05% Oil $59/bbl Gold $1307oz. Europe and Asia: EUR EU Consumer Confidence 105.5 vs....
Overview: The lurch lower in global interest rates continue. The US 10-year yield is at new 15-month lows, five basis points through the average effective Fed funds rate. Late yesterday, it appeared...
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