Monday, 11 January 2021

ASX 200, Nikkei 225 Outlook: Pressure from Rising Yields, Stronger USD

All three major US stock indices retreated from recent highs as rising yields and pandemic concerns weighed on sentiment. Asia-Pacific stocks look set to trade lower. Bitcoin prices tumbled.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...