Sunday, 10 January 2021

S&P 500, ASX 200 Weekly Outlook: Rising Treasury Yields Flag Risk Ahead

The ASX 200 index opened lower alongside US equity index futures. Rising US Treasury yields led the US Dollar to strengthen, which may weigh on risk assets, EM currencies and commodities.

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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...