Headlines:Markets:JPY leads, GBP lags on the dayEuropean equities lower; S&P 500 futures down 0.2%US 10-year yields down 2 bps to 4.248%Gold down
Headlines:
Markets:
- JPY leads, GBP lags on the day
- European equities lower; S&P 500 futures down 0.2%
- US 10-year yields down 2 bps to 4.248%
- Gold down 0.1% to $1,924.39
- WTI crude down 0.5% to $86.29
- Bitcoin up 0.2% to $25,745
The selling in Treasuries is taking a bit of a breather, at least for now, and that is helping to keep dollar gains in check in European trading today.
The greenback is slightly on the lower side but nothing too significant. USD/JPY did hit a low of 147.03 but is keeping around 147.30-40 levels now, still down 0.2% on the day.
Meanwhile, EUR/USD is up 0.2% to 1.0740 and AUD/USD up 0.2% to 0.6390 levels currently. But those are the only real movers with there being light changes among other dollar pairs, so that speaks to the lack of enthusiasm so far.
In the equities space, there is a more cautious mood though with European indices trailing and US futures also slightly softer. There is still some angst it would seem, after the jump higher in bond yields on Friday and yesterday.
In terms of headlines, we did get some added verbal intervention from Japan and also ECB policymakers trying to keep a rate hike next week as being a ‘possibility’. But both of those developments aren’t anything new at this stage.
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