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Market Analysis

Stocks Settle Lower on Rising Bond Yields

The S&P 500 Index ($SPX) (SPY) closed down by -0.77% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.67%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.08%. December E-mini S&P future…

7 min read

Australian Dollar: RBA hike to support AUD/USD – BBH

Brown Brothers Harriman highlights that the Reserve Bank of Australia delivered a widely expected 25 bps hike to 4.60%, a 15-year high, and kept the door open to further tightening. AUD/USD initially rallied on the hawk…

1 min read

US yields: Real rates climb on Fed credibility – BNY Markets

BNY Markets’ John Velis observes that US real yields across the curve have risen sharply, driven more by expectations of further policy tightening than by inflation fears. Markets see the Fed and other central banks rea…

1 min read

US Dollar stays fundamentally supported – Scotiabank

Scotiabank’s Global FX Strategy team, led by Shaun Osborne and Eric Theoret, notes broad Dollar strength versus most G10 currencies, with focus on Oil, US yields and the Federal Reserve rate path. The team stresses that…

1 min read

Treasury yields ease as inflation concerns persist

U.S. Treasury yields eased early Tuesday after marching to fresh highs during the previous session amid persistent concerns over inflationary pressures.

2 min read

Euro softens against Canadian Dollar amid ECB caution, oil strength

EUR/CAD halts its three-day winning streak, trading around 1.6100 during the European hours on Tuesday. The currency cross experiences downward pressure as the Euro (EUR) softens ahead of key economic data releases from…

4 min read