The US 10y bond yield hit 1.75%. Downward correction in risky assets
The initial markets’ reaction to the Fed’s optimistic and dovish message at the same time was positive on Thursday but it looks like they thought…
The market is already in a wait-and-see mode before the ECB meeting and, above all, the release of May US inflation figures on Thursday. The Fed meeting will then follow next week. Limited market moves yesterday. The EUR/USD exchange rate was up, but then gave up some of its gains to trade around 1.2180 this morning. Very busy economic agenda today, mainly in Europe. No big market mover nevertheless.
Get more analysis and data with our Premium subscription
Ask for a free trial here