After the Fed, the Bank of England?
Unsurprisingly, the Fed announced yesterday the start of the reduction of its asset purchases. We already commented on this decision last night (here). Since then, it…
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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