View full page at forexfactory.com

 

US Dollar on Back Foot as Equities Slide

From marctomarket.com

Profit-taking continues to weigh on global equities earnings concerns saw the biggest drop in the S&P 500 in three weeks. The MSCI Asia Pacific Index fell for the fourth consecutive session. The Nikkei gapped lower for the second straight session and has now retraced half of the gains scored since early June. The Shanghai Composite is at its lowest level in a month. Led by information technology, industrials, and energy, the Dow Jones Stoxx 600 is off by around 0.5% near midday in Europe. US shares are trading lower. We see risk back into the 2943-2963 area. Benchmark 10-year bond yields are lower across the ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis