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Forexlive European FX news wrap 9 May - Stocks slip. Inflation data in sight.

Forexlive European FX news wrap 9 May - Stocks slip. Inflation data in sight.
Share markets dipped on Tuesday as traders were kept on edge by weak Chinese trade data and the impasse over the U.S. debt ceiling, which also caused a sharp sell-off in short-dated U.S. Treasury bills.In Europe, real estate stocks were in the spotlight, with the European subindex down more than 2% at one point after top Swedish landlord SBB scrapped plans for a rights issue amid growing liquidity concerns that sparked S&P to cut its credit rating to junk.The 10-year Treasury yield eased off a o... Read More
Posted: May 9 2023, 12:13
Author Name: forexlive
Views: 081789

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