All eyes turn to today's ECB press conference | Cryptos: Sell on EidUlFitr, buy EidAdha |
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Trading margin products, involving leverage such as forex, CFDs and spread-betting on foreign exchange, commodities, indices, fixed income and equities carries a high level of risk and may not be suitable for all investors | Yesterday, Ashraf shared with WhatsApp Broadcast Group Members ways to ride the latest risk-on ascent using bond yields |
JPY is down across the board, while JPY is only higher vs JPY as CAD and NZD are the strongest currencies of the day.
19A 2nd day of sharp rebound in US treasury yields continues to command the broadening risk-on environment in indices at the expense of JPY and USD | |
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Moments ago, the bank renewed its committment to persistently accommodative monetary policy and reinvest maturing bonds from the PEPP program int end of 2023 | The pattern in markets is growing increasingly clear and tougher to separate from covid worries |
The major indexes showed losses of more than 2 percent, including the Dow Jones industrial average, which shed about 250 points and dropped to its lowest level in more than a year.
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