A bit of calm after a hectic week
Volatility has been quite strong on financial markets last week, with the Fed minutes in the middle of the week and huge price variations on…
As expected, the House passed the stimulus bill yesterday. First checks will be sent as soon as this month the Treasury promised. In parallel, the bond market was reassured by lower-than-expected core inflation figures and a quiet 10-year Treasury bond auction. The US 10-y bond yield eased slightly further and the stock market posted some gains, except the Nasdaq that was marginally down. The USD lost some ground, the EUR/USD coming back above 1.19. The ECB meeting will be the main event today.
Get more analysis and data with our Premium subscription
Ask for a free trial here