Markets hesitant in the face of the spread of the delta variant

Macro-economy
June 29, 2021

US tech stocks reached new record-high levels, but the trend is rather downward on equity markets, bond yields have edged lowed and the USD has strengthened a bit, which overall reflects a more cautious sentiment, mainly linked to travel restrictions imposed by the Delta variant. The EUR/USD exchange rate is trading near 1.1920.

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Markets hesitant in the face of the spread of the delta variant

You might also read :

Bond yields continue to rise in the US

Crack spreads’ rally outperform crude prices hike

Dislocating times for European energy markets

Simplifying energy markets