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The risk aversion today deepens as recession fears grow in Europe

The risk aversion today deepens as recession fears grow in Europe
Equities are falling to fresh lows on the day as bonds are bid across the board. It's a typical risk-off day at the moment as the rather disappointing French and German PMI readings just adds to the misery for risk sentiment on the week.S&P 500 futures are down 0.5% as European indices are holding losses around 0.6% to 0.9% currently. Meanwhile, 10-year Treasury yields are falling further to nearly 6 bps down at 3.742% at the moment.In FX, the euro is the big loser after the data is out with EUR... Read More
Posted: Jun 23 2023, 07:38
Author Name: forexlive
Views: 102296

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