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Equities selloff gathers pace in European morning trade

Here's the latest snapshot:Eurostoxx -1.6%Germany DAX -1.6%France CAC 40 -1.4%UK FTSE -1.8%S&P 500 futures -1.0%Nasdaq futures -1.3%Dow futures -0.8%It's a risk-off wave in markets at the moment and a bid in bonds is also lending to a bid in the Japanese yen. 2-year Treasury yields are down 6 bps to the lows for the day at 4.851% while 10-year yields are down 2.6 bps to 4.021% currently. As such, USD/JPY is down 0.7% to 142.30 and extending the fall from earlier here. This artic... Read More

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Posted: Aug 2 2023, 08:27

Author Name: forexlive

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