Markets With Japanese, UK and US markets still closed, EMU markets took a constructive start to the new year. Last week, the post-ECB bond sell-off propelled German yields to close 2022 at cycle peak levels across all maturities. The 10-y testing/briefly surpassing the psychological barrier of 2.50% apparently was a good enough reason for investors […]
The post Room for Correction in EMU/German Yields to Go Still Somewhat Further appeared first on Action Forex.
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Usually, when you see Carnival cruise director Kyndall “Fire” Magyar, she’s in front of passengers, leading them in fun events. For Christmas, however, the Carnival Jubilee “Fun Ship” leader mixed her time between passengers and Read more…
Another quiet holiday week looms for financial markets. Manufacturing PMIs, including the US ISM, are the only highlight. But rising US yields and sliding yen may spark New Year’s fireworks. Manufacturing PMIs in the spotlight Read more…