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PMIs on the agenda in European trading today

The key story in markets is still that of higher yields with it driving broader sentiment as well. The dollar continues to sit in a good spot all across the board, even if we did see Tokyo intervene yesterday. USD/JPY was hammered down from 150.00 to 147.27 but is now trading some 200 pips off the lows again. Power to the bond market. ✊In the equities space, stocks were smashed lower as the prospect of 5% yields in 10-year Treasuries looms just over the horizon. Now, that will be something.Looki... Read More

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Content Topics

Pmis

Agenda

European

Trading

Today

Forex

Posted: Oct 4 2023, 04:39

Author Name: forexlive

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