Once again, the rise in government bond yields is acting as the catalyst for the sell off in stocks.
The US Dollar continued its recovery from its 3-year lows during trading today, after rising by 1.5% since last Friday. Although US bond yields rose to 4-years high
This week, the markets are looking at a few important events and economic data, led by the FOMC meeting minutes, which FED kept interest rates unchanged.
The dollar fell to a three-year low against a basket of currencies as the dollar index reached 88.14 levels, its lowest level since 2014, heading towards the biggest weekly loss in two years.
The dollar continued its decline against its main rivals for two to five days in a row. The dollar index,
Equity markets recovery continued to press on the US dollar ahead of the release of US inflation data later in the day as the dollar index continued to
The pound rose significantly to its weekly high in the wake of UK inflation data, which remained close to a 6-year high
Markets are preparing this week for inflation data in a number of major economies, with weak inflation being a factor
The euro rose at the start of trading today, but is still on its way to record the worst weekly performance since last October. Market expectations
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