Growing concern
The markets are on tenterhooks, watching for the slightest signal that tensions with Russia are easing or that an invasion of Ukraine is imminent. Equity markets fell…
Strong economic indicators pushed US bond yields and the USD higher yesterday. The US job report released today could reinforce these trends if it shows a sharp rebound in job creation in May or revises April data upwards, as it is likely. The EUR/USD exchange rate plunged by nearly 1 USD, just above 1.21.
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