Oil, yields and Nvidia test investors’ stamina
Send us Fan Mail Middle East negotiations continue to dominate market sentiment. Elevated oil prices and Treasury yields cast a shadow over equities. A strong market decline could force Trump’s hand; could Nvidia earnings trigger it? Dollar/yen reached ¥159, fresh intervention is imminent; has the BoJ learnt its lesson? Dollar hits 2-month high on Middle East tensions. Higher oil prices add to inflation fears and increase Fed hike bets. Yen enters intervention zone, pound weakens ahead of key...
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