A 2nd day of sharp rebound in US treasury yields continues to command the broadening risk-on environment in indices at the expense of JPY and USD | Yesterday, Ashraf shared with WhatsApp Broadcast Group Members ways to ride the latest risk-on ascent using bond yields |
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saw this before 17 hr ago• The recovery in bond yields off their 100-WMA raises as many questions as it answered on Tuesday | JPY is down across the board, while JPY is only higher vs JPY as CAD and NZD are the strongest currencies of the day |
Last month, the ECB fumbled its mandate review and is ensuring it steers market expectations this time round.
25All eyes turn to today's ECB press conference | Surging geopolitical tensions between the US and China slowed the USD rally see Ashraf's tweet below |
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The pattern in markets is growing increasingly clear and tougher to separate from covid worries | Trading margin products, involving leverage such as forex, CFDs and spread-betting on foreign exchange, commodities, indices, fixed income and equities carries a high level of risk and may not be suitable for all investors |
Cryptos: Sell on EidUlFitr, buy EidAdha.
15US existing home sales and initial jobless claims are due up next along with the ECB | |
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