-
Markets Prove Resilient to Start New Week
New virus outbreaks in Europe and Asia are not adversely impacting the capital markets today. Global equities are firmer. Some reports suggesting the US ban on WeChat may not be as broad as initially signaled helped lift Hong Kong shares, but nearly all the markets in the region traded higher. Europe's Dow Jones Stoxx 600 is following suit. Last week's 0.8% loss if being offset with today 1.7% gain through the European morning. US shares are firmer, and after setting a new record ahead of the weekend, the S&P 500 is poised to gap higher. European and US benchmark yields are 1-2 bp higher, putting the 10-year ... (full story)