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Hot UK inflation knocks down market sentiment

That is leading to a bit of a selloff in bonds and equities at the moment, with S&P 500 futures falling by 12 points or 0.3% at the moment:Meanwhile, 2-year Treasury yields have moved up by 4 bps to 4.24% and 10-year yields are up nearly 3 bps to close to 3.60% on the day.The dollar is also benefiting somewhat as the jitters begin to show up, with AUD/USD falling from 0.6725 to 0.6710 and NZD/USD easing from 0.6200 to 0.6188 as we look to the start of European morning trade.As yields climb highe... Read More

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Content Topics

Inflation

Knocks

Down

Market

Sentiment

Forex

Posted: Apr 19 2023, 06:18

Author Name: forexlive

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