Headlines:
Markets:
- USD leads, JPY lags on the day
- European equities greater; S&P 500 futures up 0.2%
- US 10-year yields up 5.1 bps to 4.429%
- Gold down 0.1% to $2,628.43
- WTI crude up 0.5% to $69.76
- Bitcoin up 1.4% to $93,583
The greenback is beginning to perk up once more in buying and selling in the present day, following a little bit of a breather previously two days.
There wasn’t a lot to set off the greenback features as merchants simply fell again to the post-election temper within the European morning session. USD/JPY was an early mover, gaining to round 155.20 within the handover from Asia earlier than extending features to round 155.80 at the moment.
That comes as bond yields are additionally monitoring greater on the day. And it wasn’t lengthy earlier than the greenback caught stronger bids throughout the board.
EUR/USD moved down from 1.0580 to 1.0550 whereas GBP/USD is pulled decrease from 1.2700 after a warmer UK CPI report back to 1.2665 at the moment.
Elsewhere, USD/CAD is again up by 0.3% to close 1.4000 whereas AUD/USD is down 0.5% to check the 0.6500 mark as soon as extra.
Trying to broader markets, equities are cautiously greater with watchful eyes on Nvidia’s earnings after the shut. In the meantime, gold is marginally decrease because the greenback and better yields are protecting the rebound this week in examine for a bit.
Moreover that, Bitcoin can be seeing renewed bids amid the return to the post-election temper, at the least for now. The cryptocurrency is seen up over 1% above $93,500.
