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Anxiety Ticks Up, Risks Pared

From marctomarket.com

The S&P 500 snapped a five-day advance yesterday and set the heavier tone for equities today. Continued protests in Hong Kong were not shrugged off as they have been in the last couple of sessions. The Hang Seng's nearly 1.9% decline was the largest in a month and led the region lower. European shares are falling in sympathy, and the Dow Jones Stoxx 600 is off about 0.3% in late morning turnover. US shares are trading lower in Europe, and the S&P 500 is about 0.25% lower. Benchmark 10-year yields are mostly a little lower, leaving the US 10-year yield near 2.11%, with the 10-year Bund at minus 23 bp and Japan at minus ... (full story)

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  • Category: Fundamental Analysis